Advantages of HRIS To make a human resource department more effective and efficient new technologies are now being introduced on a regular basis so make things much simpler and more modernized. One of the latest human resource technologies is the introduction of a Human Resources Information System (HRIS); this integrated system is designed to help provide information used in HR decision making such as administration‚ payroll‚ recruiting‚ training‚ and performance analysis. Human Resource Information
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The Advantages of being multilingual The world we live in is rapidly growing into an enormous melting pot and most of us are very aware of the fact that the ability to speak a foreign language has never been as vital as it has been in the 21st century. Learning a new language offers many new career opportunities as well as other advantages which are often ignored. Among the less obvious benefits is the change in perspective one will gain from seeing the world through different eyes. Every language
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I have chosen the Comparative Advantage Theory for my key term to discuss. I chose this term because it has a great importance on world trade clearly help shape the pattern of world trade‚ and also to get a better understanding of the concept. Comparative Advantage is the benefit or advantage of an economy to be able to produce a commodity at a lesser opportunity cost. According to Satterlee (2009)‚ opportunity cost is the value of what had to be given up‚ or forgone‚ to consume or achieve the object
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The future of the world lies with the children‚ the helpless‚ and the forgotten. These are the people who need the most help and guidance. The Oeuvres des Secours aux Enfants‚ or Children’s Aid Society (OSE)‚ is one organization that is known especially across Europe for its role in saving children from the horrors of the Holocaust. Founded by intellectuals and doctors‚ it is a Jewish organization that put forth an effort that was mostly unseen to save children from the Holocaust. The OSE has a rich
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Chapter 4 FOREIGN DIRECT INVESTMENT FDI is the outcome of Mutual interest of MNC’s and host countries. The FDI refers to the investment of MNC’’ in host countries in the form of creating productive facilities and having ownership and control. On the other hand if MNC or a foreign organization or a foreign individual buys bonds issued by host country it is not FDI‚ as it has no attached management or controlling interest. Such investments are called Portfolio Investments. In developing
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Artificial Breathing Aids - Iron Lung The Iron lung was invented in 1929 by Professor Phillip Drinker (1893-1977). The device performs the function of the muscles that control breathing. It was one of the first of several inventions designed to keep people alive who are unable to breathe unassisted. Pulmonators During the 1920s people who could not breathe on their own were aided by a pulmotor. This was a machine similar to fireplace bellows. It inflated and deflated the lungs by forcing air
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country frames its foreign policy in the light of its domestic policies. Foreign policy of a country does not remain static but it changes according to time and circumstances Pakistan’s principles of foreign policy are its ideology and national integration. Pakistan came into being on 14th of August 1947 and it inherited the legacy of foreign policy from the British India. However it made some adjustments in accordance with its ideology and objectives of Pakistan movement. Its foreign policy was determined
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Foreign Market Entry Modes Expansion into foreign markets can be achieved via the following mechanisms: Exporting is the process of selling of goods and services produced in one country to other countries. There are two types of exporting: direct and indirect. Direct exports Direct exports represent the most basic mode of exporting made by a (holding) company‚ capitalizing on economies of scale in production concentrated in the home country and affording better control over distribution.
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“A firm that already has sustained competitive advantage in its domestic market may not have the same advantage in an overseas market. Discuss the issues that this creates for a firm‚ and how it might exploit its resource advantages to secure successful market entry and create competitive advantage in a new overseas market.” With the global trade network more integrated‚ according to Pearce and Robinson (2009)‚ firms tend to enter foreign market to gain more profit due to the maturity of domestic
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* Occurs when a firm invest directly in a foreign country. * Becomes a multinational enterprise * FDI can be both – Greenfield (establish new ops) Acquisition/Merger (with existing firms) * Flow of FDI –refers to the amount of FDI over a time period. * Stock of FDI - total accumulated value of foreign-owned assets * Outflows – flows of FDI out of a country * Inflows – flows of FDI into a country Gross fixed capital formation summarises the total amount of capital
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