Economic Notes In a market economy ‚ actions by consumers‚ through their spending and buying‚ sends powerful messages to business firms about the types and the quantity of goods and services they should be producing. In a mixed market economy business firms reduce the power of consumer sovereignty by 1. Marketing and advertising 2. Misleading information 3. Designing products to wear out or out date quickly 4. Entering into secret agreements and to compete with each other Spend or save
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APPROACHES TO LABOUR WELFARE INTRODUCTION: The various approaches to labour welfare reflect the attitudes and belief of the agencies‚ which are‚ engages in welfare activities. Welfare facilities may be provided on religious‚ philanthropic or some other grounds. Moreover‚ the different approaches to labour welfare reflect the evolution of the concept of welfare. In the bygone days‚ the government of the land had to compel the owner of the industrial establishment to provide such basic amenities
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Heracles and the twelve labours The story of why Heracles initially had done the 12 labours was that he had killed his first wife and had wanted to repay for his sins. So he had prayed to the gods and was told that him to bind himself for eight years as servant to king Eurystheus and perform ten tasks for him. The ten tasks had turned in to 12 for the reasons of Heracles had help in on and gained from another. King Eurystheus decided Heracles first task would be to bring him the skin of the invulnerable
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DOING BUSINESS WITH INDIA REALITIES‚ MYTHS & PERCEPTIONS ANMOL SOOD JALTEK GROUP 18TH MARCH 2010 DOING BUSINESS WITH INDIA INTRODUCTION Talk will focus on doing business in India keeping in mind 4 perspectives: 1. INVESTOR 2. TRADE ACQUIRER 3. TRADE DIVESTMENT 4. TRADING RELATIONSHIP I will show a slightly different perspective to TCS! Controversial – POI perspective! No IST (Indian Standard Time!) – will keep to strict timings (hopefully!) www.jaltek-group.com JALTEK GROUP INTRODUCTION
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work and survival security to women‚ by first evaluating the effects of state policy‚ and then considering other attempts to ensure minimum security to women workers. The first section sets out some of the issues with respect to the feminisation of labour in export-oriented employment‚ and situates the discussion in the context of the experience of the high-exporting East Asian economies in the 1990s. The evidence pointing to a fall in the share of women in export-oriented manufacturing employment
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What are Industrial Relations? Industrial relations have become a complex problem of modern society. In order to have industrial progression and a better economy‚ it will be impossible to obtain without the cooperation of all workers coming together to foster a good and harmonious relationship. Therefore‚ it is the interest of all people to create and maintain a good relationship between employees and employers‚ which in the 1950s‚ the Dunlop’s model was formed and used as a guide to creating and
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Petitioner: AIR INDIA STATUTORY CORPORATION. Vs. Respondent: UNITED LABOUR UNION & ORS. The appeals by special leave arise from the judgment of the Division Bench of the Bombay High Court dated April 28‚ 1992 made in Appeal No. 146 of 1990 and batch. The facts in appeal arising out of S.L.P. 7417/92‚ are sufficient to decide the questions of law that have arisen in these appeals. The appellant initially was a statutory authority under International Airport Authority of India Act. 1971 (for short
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less labor and will reduce its work force. http://www.s-cool.co.uk/a-level/economics/labour-markets/revise-it/the-demand-for-labour Wages The term ’wage’ has been defined as a sum of money paid under contract by an employer to a worker for services rendered. A wage payment is essentially a price paid for a particular commodity‚ viz.‚ labour services. According to the classical wage theory‚ labour
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Section A 1. BATNA (Best Alternative To a Negotiated Agreement) is a term developed by Roger Fisher and William Ury of the Harvard Negotiation Project. In the absence of a deal‚ it is the preferred course of action you should take. It ’s a hefty concept that can make your negotiations more successful‚ especially when the other side is more powerful and/or has a stronger bargaining position. You negotiate to obtain something from another party that is more valuable than what you get by not negotiating
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The rise o the labour party was due to many factors.Factors such as the movement of people from the countryside to cities which changed the economic structure of britain and also changed the social structure and this led to the need for political change. The need for political change to help the working class people who were living in poverty which had been highlighted by booth and rownatree who surveyed LOndon an york two of englands major cities .Better education led to the realisation that
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