Nepotism Nepotism is favoritism shown by somebody in power to relatives and friends‚ especially in appointing them to good positions. The chief complaint in a company that operates through nepotism is the patent lack of fairness. It is perceived as favoritism of a relative that can cause dissatisfaction among workers and lower morale. Employees seem to have less incentive to perform their responsibilities diligently and proficiently if they feel that the path to promotion is undermined
Premium Family Marriage Employment
originated in India during World War II when India was facing acute shortage of daily necessities. This was the time government adopted rationing as a remedy measure to resolve the demand supply mismatch. By rationing government introduced a system of control where prices of goods were no longer decided by Interaction of market demand and supply. This led to the beginning of unauthorized sale goods at higher price. This control over the price continued post 1947 promoting black marketing in India and once
Premium Political corruption India Civil service
Nepotism in Business In the business world‚ nepotism is the practice of showing favoritism toward one’s family members or friends in economic or employment terms. For example‚ granting favors or jobs to friends and relatives. Nepotism is a form of discrimination in which family members or friends are hired for in spite of their experience‚ knowledge or skills. It occurs more frequently in family-owned businesses‚ nonprofit organizations and small companies. The presence of nepotism is especially
Premium Ford Motor Company Friendship Family
------------------------------------------------- Corruption in India- Causes‚ Impact and the Fight Against Corruption Despite the cohabitation of corruption and exceptional economic growth in India‚ researchers argue that that there is potential for further growth that is held back by the institutions of administration and linked corruption (Heston & Kumar‚ 2008). The roots of corruption can be traced back to various systems set up by the British (Quah‚ 2008). In this paper‚ transactional corruption is discussed‚
Premium Political science Economics Politics
Introduction Corruption in India is perhaps the greatest enemy India is facing. According to a research India has been drained of nearly $462 billion between 1948 and 2008‚ which is nearly 40% of India’s gross domestic production. The Commonwealth Games and the Adarsh society scam are all various examples of the widespread corruption in India at all levels of government: from the Panchayati Raj to the Central Government‚ although preventive measures have been taken against corruption. One of the major
Premium India Political corruption Government of India
To eradicate corruption we require individuals who are incorruptible and‚ undoubtedly‚ what produces such individuals is spirituality. There is a saying that violence begins in the mind. This is true also of corruption: corruption begins in the mind. If we can alter our thinking‚ we can safely say that we shall have eradicated corruption by at least 50 per cent. What changes the heart and mind for the better is spirituality. When an airplane takes off‚ it leaves behind everything and reaches a higher
Premium Political corruption Corruption Bribery
Everyone censures corruption at a societal stage but that does not mean that anyone has escaped from the flu of corruption. It is not an infection in one country. People worldwide are involved in the act of corruption. India is no exception to it. Corruption in India has even crossed the alarming stage. From the officials of the highest rank to a peon everyone is corrupt. It is a term known to all of us precisely meaning an illegal‚ immoral or unauthorized act done in due course of employment. But
Premium India Political corruption Bribery
Short Speech on Corruption in India : Corruption in India is one of the most menacing threats that our economy has been battling with ever since the independence. At all levels of Indian bureaucracy corruption has seemingly taken its toll and has been corroding the structure of our nation. Be it private sector or public sector‚ Indian people have a tendency of misusing the public position/power in their favor to fulfill their motives and gain personal benefits. All these “allegations” are not solely
Premium Political corruption Corruption Transparency International
HOW TO HANDLE CORRUPTION IN INDIA?? According to the Oxford Dictionary‚ corruption is dishonesty and illegal behavior by people in positions of authority or power. India was ranked 94th out of 176 countries in Transparency International’s‚ Corruption Perception Index‚ 2012 on 5th December‚ 2012. Most of us may have had‚ at some point or the other in our life‚ a firsthand experience of offering bribes‚ using our contacts or influencing people to get work done in government offices or to get jobs
Premium Political corruption Corruption Transparency International
Nepotism Is hiring your nephew good for your company? What are the hidden costs and benefits? What policies should public companies follow? By Ron Prokosch The word “nepotism” in the business community originally referred to the hiring of relatives of the owner of the business. Today‚ this word has been extended to refer to the existence of employees within any organization that are related to each other either by blood or marriage. Is nepotism a cost or a benefit for an organization?
Premium Family Employment