2009 ABOUT AUTHORS We are Ammarah Mahmood‚ Samiya Fatima and Shehzania. We have been given a project “RELATIONSHIP B/W INTEREST RATE & INFLATION IN PAKISTAN” to study and analyze that importance of HRM in any Organization and how HR-Managers use HRM methods to create high-performance. We are students of MBA in IQRA University in the year 2009. Presently we are getting through our 4rd semester from IUGC and we are assigned to prepare this report. Every project needs a lot
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HRM 533 : INTRODUCTION TO HRM INDIVIDUAL ASSIGNMENT REQUIREMENT Question 1: Describe the major types of HRM activities. Which is the most important? Why? The major types of HRM activities:- 1. Payroll Handling compensation concerns is a chief duty of the HR department. Processing payroll accurately and on time is of great importance to everyone at the company. The main types of compensation that an HR professional deals with are guaranteed pay and variable pay. Guaranteed pay is an employee’s
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A duty or obligation to satisfactorily perform or complete a task that one must fulfill‚ and which has a consequent penalty for failure. Responsibility is a characteristic that can make any individual successful in life. No matter what you do‚ whether at work‚ school or home‚ having responsibility and acting responsibly are key traits. Many jobs and other positions look for an individual who has responsibility. If an individual lacks this trait‚ it is easy for them to be fired or let go‚ possibly
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to align human resource management (HRM) with the business strategies‚ and the emerging issues facing business‚ and to understand the HRM competencies and leadership skills necessary to be a true strategic business partner. Students will examine what strategic HRM planning is and how to do it‚ as well as learning how to manage the necessary change in emerging business environments. The course will define the new roles and expectations of companies for the HRM functions. Policies Faculty and
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HRM Explain why HRM is important First – significant source of competitive advantage Second‚ important part of organisational strategies managers have to think about their employees and relationships Job design‚ job training‚ performance management Way employees treat people significantly affects organisational performance‚ creating high-performance work practices Describe the principal roles‚ functions and outcomes of HRM Human resource management process – activities necessary for staffing the
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The Custom Duty in India is one of the most important tariffs. The custom duty in India is regulated by the Customs Act of 1962. The main purpose of the custom duty in India is the prevention of the illegal export and import of goods. The rates of the custom duty levied on the imported and exported goods are assigned in the Custom Act‚ 1962. The Acts under the custom duty in India: * Foreign Trade (Exemption from application of Rules in certain cases) Order‚ 1993 * Customs Act‚ 1962
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courts have established that for negligent conduct to be actionable‚ there must be a duty to take care resting on the defendant‚ which must be breached‚ which must cause damage‚ where the damage must not be too remote form the breach. These requirements carry significant policy controls : of autonomy‚ causation‚ foreseeability and proximity which will be discussed in due course. The courts first recognised such a duty in Hevan v Pender though it was in Donoghue v Stevenson that the law of negligence
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DUTY OF CARE A Tort is a civil wrong‚ which is an action brought to enforce‚ redress or protect rights or noncriminal litigation. There are many Torts‚ however‚ of importance is Negligence. Negligence is the failure to do something a person of ordinary prudence would do. Negligence protect against personal injury‚ damage to property and economic loss. In order to establish negligence four elements must be established. Firstly‚ the plaintiff must prove that a duty of care was owed. Secondly‚ the
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Pvt Hogue‚ Ryan 15‚ AUG 2012 RESPONSIBILITY There is no philosophically well-settled way of dividing or analyzing the various components of responsibility‚ and some components are often ignored by philosophers. To take a more comprehensive approach‚ this article divides the responsibility of individuals into four areas of enquiry. Recent analytic moral philosophy has tended to ask two deceptively simple questions about responsibility like; “What is it to be responsible?” and “What is a person
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DUTIES OF DIRECTORS Directors of a company normally have exclusive power to manage the company’s business and exercise its powers. At common law‚ the duties were owed to the company‚ to employees‚ to individual shareholders and creditors. 1.0 Duties of Directors to the company It is convenient to categorise the duties of directors into fiduciary duties which arise because they are quasi-trustees of the assets of the company. The word ‘fiduciary’ refers to trust and confidence. ‘A fiduciary is
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