legal framework on the promotion of participation by employees in the decisions affecting their interests at enterprise level. Employee participation in Zimbabwe at enterprise level is conducted between an individual employer and a worker’s committee under the auspices of a works council where the parties have equal representation. In this paper the writer shall attempt to critically examine the legal framework on the promotion of participation by employees in the decisions affecting
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The United States of America is often referred to as‚ “The Land of Opportunity”‚ but what qualities and conditions exist in America that made it revered as the nation of opportunity? Many immigrants view America as the land of opportunity because it offers them life choices that may not have been available in their countries. In this essay I will give examples of and describe the circumstances that allow America to be the nation of possibilities in more ways than one. Let’s begin by addressing the
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Apa sih opportunity cost? Untuk yang pernah belajar ekonomi pasti kenal baik dengan istilah ini‚ tapi buat yang lain‚ opportunity cost is : "...the cost of something in terms of an opportunity foregone (and the benefits that could be received from that opportunity)‚ or the most valuable foregone alternative." (Dictionary.LaborLawTalk.com) Kalau diterjemahkan adalah suatu biaya dari hilangnya suatu kesempatan dalam menggunakan sumber daya tertentu. Kalau kita melihat waktu sebagai sumber daya
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Types of Contracts [pic] Choosing type appropriate contract type is essential to successful performance under a contract. The type of contract determines the cost and performance risks which are placed on the contractor. There are two broad contract groups--fixed price and cost reimbursement. Within each of these groups‚ there are various types of contracts which can be used individually or in combination. [pic] Firm Fixed Price Contracts [pic] This type of contract requires the contractor
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enter into a short futures contract to sell July silver for $17.20 per ounce. The size of the contract is 5‚000 ounces. The initial margin is $4‚000‚ and the maintenance margin is $3‚000. What change in the futures price will lead to a margin call? What happens if you do not meet the margin call? Problem 5.2. What is the difference between the forward price and the value of a forward contract? Problem 5.3. Suppose that you enter into a six-month forward contract on a non-dividend-paying stock
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In microeconomic theory‚ the opportunity cost of a choice is the value of the best alternative forgone‚ in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made‚ it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available.[1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative
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continuous usher in new era for further economic cooperation opportunities. Market access commitments which are under CECA had set free ASEAN-India Trade-in Agreement in order to have more liberal tariff concessions. Other than that‚ India’ cooperation investment could be strengthen through improvement on rules and regulations‚ and provide protection on it. Therefore‚ endorsement of this agreement is highly perceived as a trading investment opportunity. 1.2 Economic Factors Economic liberalization
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to decode or read simple instructions limits the societal participation of a low literacy adult. Participation‚ or rather non-participation is the key in adult education. Educators have
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(2003) describes an entrepreneurial opportunity as: “...a situation in which a person can create a new means-end framework for recombining resources that the entrepreneur believes will yield a profit. This definition of an entrepreneurial opportunity is useful in that entrepreneurial opportunities are about two things: something happening in the environment (resources) and something to do with the individual (creation‚ beliefs‚ recombination). Since opportunities are not always profitable the key word
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4. NOTES 4.1. THE ESSENTIALS OF A VALID CONTRACT A. ESSENTIAL No 1 The Parties Must Act Within Their Contractual Capacity What is contractual capacity? We view it in relation to the concepts of personality and legal status: PERSONALITY – determines that you are a legal entity or persona. As a result of this personality you acquire legal status ie your legal status defines that legal personality further. STATUS then describes your legal “condition” eg a married woman‚ A public
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