culture: In last one decade many foreign and multinational companies entered into Bangladesh market and opened their business here. They established a linkage between Bangladesh and world market and thus contributed to creating a multicultural workforce in the country. Globalization effect: By virtue of globalization‚ both employee and employers are able get in touch with global work environment. For example‚ a group of data entry operators can receive training and instruction from their American
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Rasmussen‚ T. (1996). The ASTD trainer’s sourcebook: Diversity. New York‚ NY: McGraw-Hill. Managing diversity is both a challenge and an opportunity for management. It is a challenge because it requires organizational change; it means fostering a cultural environment that values differences and maximizes the potential of all employees. It is an opportunity because organizations that proactively address diversity have a competitive advantage. They are able to attract‚ motivate and retain high potential
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demographics in the U.S. workforce February 5‚ 2013 Changing demographics in the U.S. workforce According to United States Department of Labor‚ over the next decade there will be some important changes to the demographic trends within the workforce. It is predicted that the labor force will continue to diversify because immigration accounts for most of the population growth. It is predicted that by 2020 non-Hispanic workers will make up only 68 percent of the workforce (Lerman & Schmidt
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Current and Non-current Assets Without assets‚ businesses could not function. In order to show how much a business owns assets are used in accounting to clearly define the positive side of a balance sheet. Current and non-current assets are not only cash‚ but also monies which will turn into cash in the future. This includes receivables‚ properties‚ work in progress and buildings. This paper will define current and non-current assets‚ differentiate between the two‚ the order of liquidity and
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Managing and Using Emotions in the Workplace Brad Pagano Southern New Hampshire University Abstract This case study analysis offers an overarching review on managing and using emotions in the workplace. It uncovers the factors that lead to poor management of emotions‚ why the strategic use of emotions in the workplace can be a powerful tool for employees‚ and offers suggestions on methodologies that companies can change their emotional climate. It will also discuss the advantages and
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1. What is the ethical dilemma facing Wal-Mart in this case? Do Wal-Mart’s associates also face an ethical dilemma? If so‚ what is it? Wal-Mart is trying to implement the Kronos system which will automate a process that usually requires personal judgment. The Kronos system will create work schedules that are favorable to the company’s profit margin. Wal-Mart will be responsible for the potential conflicts the new system may cause its employees. Wal-Mart employees will face an ethical dilemma
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the major shifts in the workforce that require updated HR practices. As noted in our text‚ there have been major shifts in the American workforce that require the HR professional and the company to continually update their practices. Of these are: an aging workforce‚ a diverse workforce and skill deficiencies of the workforce. Aging Workforce: Some employees are now working past normal retirement age while there is also an exodus of the baby boomers from the workforce. Employees that choose to
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IBM and their workforce diversity program. 1. IBM is a pioneer in diversity programs. How does it diversity its employees (the criteria). Discuss those (the criteria) in brief. Answer: IBM considered by many to be the leading organization in the field which manages a strong workforce diversity. IBM diversified their workforce in these criteria’s: A. Gender B. Physical Ability C. Age D. Ethnicity Discussion: A. IBM diversified their workforce by advancing women’s which represents ”Gender”
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employ‚ not only to understand and cope with the diversity but also to leverage it towards building wholesome business relationships. Diversity in many ways is closely connected to another term that we see commonly used today‚ which is ‘Change’. Managing diversity is an essential part of change management. If Indian companies have to thrive in today’s changing global marketplace‚ it has to learn to manage diversity‚ both within the company and without. The two Realms of Diversity at India Inc
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INVENTORY – PERIODIC INVENTORY SYSTEM In a Periodic Inventory System‚ no effort is made to keep up – to – date records of either the inventory or the cost of goods sold. Instead‚ these amounts are determined only periodically __ usually at the end of each year. It is used by very small businesses having manual accounting systems. Questions 1 – 3 (Meigns & Meigns)‚ Question 4 (Fess & Warren) Question 1:- Mach IV Audio uses periodic inventory system. One of the
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