Function of Human Resource Management: The main function of human resource management is classified into two types: (a) Managerial Function; (b) Operative Function. (a)Managerial Function: Following are the managerial function : (1)Planning: The planning function of HRM dept. pertains to the steps taken in determining in advance personnel requirements‚ personnel programmes‚ policies etc. (2)Organization: Under organization‚ the human resource manager has to organize the operative functions by
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The case management process consists of five parts: assessment‚ treatment planning‚ linking‚ advocacy‚ and monitoring. It is not a linear process and does not follow the order it is written up. There may be some back and forth and returning to certain points. Screening Contact between an addictions counsellor and a client is usually initiated by the client referring him/her self‚ an outside agency refers them‚ family physician or the addictions counsellor initiates contact through outreach or other
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MANAGEMENT OF THE INTERNAL AUDIT FUNCTION INTERNAL AUDITING (According to IIA) -Azleen Ilias- 1 IPPF_AI The learning objectives Understanding the importance of proper positioning of the internal audit function within the organization Identify the benefits of various organization structures Identify the roles of responsibilities of the key positions Understand the policies and procedures of internal auditing 2 IPPF_AI Relevant standards 1000 – Purpose‚ Authority
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Common Management Interview Questions and Answers Management plays one of the most vital roles within a company. Effective leadership improves the efficiency of the organization‚ ensures deadlines and launches are met‚ and empowers subordinates to be accountable for their objectives. To differentiate between manager applicants‚ management interviews have a variety of very specific job interview questions and answers‚ designed to distinguish your qualifications from other candidates vying for the
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Peter Drucker had four requirements for entrepreneurial management in the article “the New Venture”. They are: a focus on the market‚ financial foresight‚ building a top management team long before the new venture actually needs one and decision of the founding entrepreneur role in his team. Firstly‚ companies might not be able to foresee that the products they originally designed or planned to sell have been switched to another products or services they did not expect. The company will be successful
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is considering if a dividend discount mode would be appropriate for valuing Tasty Foods. He has complied the information in the following table for the company’s EPS and DPS during the last five years. The quarterly dividends paid by the company have been added to arrive at the annual dividends. Rae has also computed the dividend payout ratio for each year as DPS/EPS and the growth rates in EPS and DPS. Year EPS ($) DPS ($) Payout Ratio 2008 2007 2006 2005 2004 2.12 2.06
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HRM Function The role of human resource management is to plan‚ develop and administer policies and programmes designed to make expeditious use of an organisation’s human rusources. It is that part of management which is concerned with the people at work and with their relationship within an enterprise. The major functional areas in human resource management are: 1. Planning‚ 2. Staffing‚ 3. Employee development‚ and 4. Employee maintenance. A brief description of usual human resource functions are Human
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Four Different Types of Management Style For many managers‚ culture is a kind of ornament. The truth is that culture permeates into everywhere of corporation management and influence the whole business area. Different cultures make corporations have different corporation cultures and management style. And these lead companies have several types in the interpersonal relations and organization styles. According to my analysis‚ I hold the opinion that the enterprise styles can be mainly divided
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Assignment: A Q1). The principles of scientific management differ from the ordinary principles. Why? Give your comments. Q2) Discuss the new challenges and tasks of management. Explain the contributions of Taylor and Henry Feyol in modern management thoughts. Q3) Define leadership. Explain the features and importance of Mc Gregor’s theory X and Y? Q4) Are strategies and policies as important in a non business enterprise (such as a lobour union‚ State Department
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FUNCTIONS OF MANAGEMENT What are the functions of Management? 1. PLANNING: includes anticipating future trends and determining the best strategies and tactics to achieve organizational goals and objectives‚ it is the KEY MANAGEMENT FUNCTION because the other functions depend on having a good plan. PLANNING: Planning involves the setting of the Organizational vision‚ mission‚ goals and objectives. a) PLANNING A VISION: VISION: Is an encompassing explanation of why the organization exists (desired
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