his workforce to perform. There is no guarantee that all employees will be productive under his attitude of management or attitude toward work. This may be the reason for the high turnover rate of the company. The ‘trust pay’ implemented by HCL may de-motivate some employees who actually like and benefit from variable pay. Mr. Nayar’s philosophies may work well for top level management and not employees. First line managers deal with a different type of employee than top managers. 3. Mr
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1) What “modern” practice related to human resources management do you observe in the management principles of Laidlaw Leeds? With the increasing of number of customers‚ Robert Laidlaw changed his organizational structure in to departments. In addition‚ add each process in to each department. Product department such as clothing‚ hardware‚ leather goods and administrative department such as correspondence‚ dispatch‚ office. So dividing each task in to various departments then we can save time and
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UNIT 5: ACCOUNTING FOR DEBENTURES LEARNING OBJECTIVES I) II) III) IV) V) VI) VII) IX) X) Understand the meaning and features of debentures. Differentiate between shares and debentures. Understand different classes of debentures Journal entries regarding issue of debentures for cash and for consideration other than cash. Accounting treatment of debentures issued as collateral security Accounting treatment of issue and redemption of debentures at par‚ discount and at premium. Understand the methods
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Introduction Nowadays，the insurance industry has become an important part in our daily life.It is reported by Carow(2010) that nearly 70% people have bought certain kinds of insurance. Bancassurance‚as an newly developed branch of insurance‚ is a collaboration between a commercial bank and an insurance company‚ aiming at selling insurance business to the bank’s clients. In recent years‚ Bancassurance has become an indispensable part of the modern life for British people. It is reported that Bancassurance
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Economic Principle | Marketing Principle | Form Utility | | | | | | | | | | Utility is a term used by economists to describe the measurement of "useful-ness" that a consumer obtains from any good. Utility may measure how much one enjoys a movie‚ or the sense of security one gets from buying a deadbolt. The utility of any object or circumstance can be considered. Some examples include the utility from eating an apple‚ from living in a certain house‚ from voting for a specific candidate
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Financial Statements versus Financial Reporting Financial statements are records of all financial activities of a company and are prepared in a structured manner so as to be easily understood. Or otherwise‚ financial statements are short documents that present the income information for a business at any given point in time. Financial statements are therefore generated several times throughout the year to provide accountants and financial advisors and planners within the business with financial
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Principles of auditing are defined in the ISO 19011‚ the principles are designed to make an audit an effective and reliable tool for business performance improvements. The audit principles are also designed to achieve consistent conclusions from performed by independent auditors. There are six audit principles that are prerequisites that should be adhered with to achieve consistent audit results. The six principles are integrity‚ fair presentation‚ due professional care‚ confidentiality‚ independence
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Introduction Disney is a famous international company around the world. Not only for the production of cartoon and Disneyland‚ but also the effort that it have made in sustainable development. Disney has made high efficiency collaboration with Nature Conservancy-a famous environmental protection organization. They have worked closely with each other for decades to create the Disney Wilderness Preserve (DWP) in central Florida (“Working with Companies”‚ n.d.). Their collaboration was a success (“Florida
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Security Principles CMGT/441 November 21‚ 2012 Security Principles The security principles of information technology (IT) are confidentiality‚ integrity‚ and availability for your company data. Confidentiality is the way that a computing system’s assets can be read only by authorized parties. Integrity is that you can only be modified or deleted by authorized parties or in authorized ways. Availability is that the data is accessible to the authorized parties in a timely fashion (Principles of IT
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Conclusion Comprehensive marine and coastal databases are essential for management of the seas of Southeast Asia. Maps of resources found in marine and coastal environments‚ the sources of potential damage and data to guide managers are the means by which resources can be assessed and managed to maintain marine resources. This information is get by do the oceanographic survey. There is a strong need for data for managers to manage‚ conserve‚ remediate‚ recover and sustain continued use of Southeast
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