Some scholars in Islamic economics argued that the concept of time value of money is a key to the door or riba which is prohibited in Islam. However‚ some scholars are of the opinion that time value of money is a concept valid in Islamic economics. What are your opinions on this issue? DISCUSSION: Islam prohibits riba because riba deprives justice and discourage people from undertaking real economic activities. Profit earned from money that is loaned to debtor is considered as interest or usury
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SOFT SKILLS FOR MANAGERS: As a manager‚ it has never been enough to be technically adept. You have to excel at soft skills as well. Soft skills are the personality traits‚ attitudes‚ habits‚ and behaviors you display when working with others. While good soft skills are also important for employees‚ they are critical for managers - and for those who want to be managers. Here are the ten most important soft skills managers need to master. Top Soft Skills For Managers: * Dependability Can
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ASIAN CASE RESEARCH JOURNAL‚ VOL. 9‚ ISSUE 2‚ 283–297 (2005) ACRJ Autobiography of a Manager This case was prepared by Doctoral scholar C. Vijayalakshmi‚ Prof. Satish K. Kalra and Prof. Rajen K. Gupta as a basis for classroom discussion rather than to illustrate effective or ineffective handling of an administration or business situation. Please address all correspondence to: Dr Vijayalakshmi C.‚ Doctoral scholar (OB)‚ Management Development Institute‚ Mehrauli Road‚ Sukhrali‚ Gurgaon – 122001
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line managers have a lack of desire to implement HRM. However‚ willingness is essential for someone to perform effectively. Furthermore‚ line managers do not have capacity to implement HRM‚ since they have other‚ more pressing‚ short term operational responsibilities. This short-range focus may result in people management that is generally less effective. Besides‚ line managers have limited skills and competences in HRM due to a lack of training. It is suggested that these low competences are a significant
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| |Table of Contents | |Contents |Page | |Introduction |3 | |P1.1- Compare different management styles |4 | |P1.2- leadership
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Do you find yourself forgetting where you left your keys or blanking out information on important tests? Fortunately‚ there are plenty of things that you can do to help improve your memory. Before your next big exam‚ be sure to check out some of these tried and tested techniques for improving memory. These research-proven strategies can effectively improve memory‚ enhance recall‚ and increase retention of information. Er Creatives Services Ltd/Iconica/Getty Images 1. Focus your attention on the
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According to F. John Reh‚ a manager is the person responsible for planning and directing the work of a group of individuals‚ monitoring their work‚ and taking corrective action when necessary. Different types of manager responsible for different sections in a company. An operation manager responsible for the daily operation of company. Accounting section is supervise by an accounting manager. As there are various management functions in a business‚ hence a manager is responsible in planning‚ directing
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would really love to graduate from‚ namely‚ my current course‚ Medical. At that age‚ I am already a full pledge to become a physician. Working on a very nice hospital which pays relatively huge sums of money for some meager job I have to accomplish. I will also save my money. I will also travel to Paris with my family. I will let my parents feel and enjoy life through buying them plane tickets and go around the world. I will also help my relatives who ask helps from me. I will work hard so that
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organizational unit‚ every manager must perform some ceremonial duties as well as greet dignitaries‚ attend weddings‚ or take out customers. As figurehead of an organization managers need to take responsibility for actions of the employees such as taking blame for a mishap that may have occurred Leader Managers are responsible for the work of their respective people of their unit. They must partake in leadership roles such as motivating and encouraging employees. As a leader‚ the manager must empower their
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1. Which of the following statements about common law is true? a) It is a wrongful act‚ damage‚ or injury done willfully. b) It is enacted by legislation c) It is found everywhere but is not backed by the EEOC d) It is based on a history of court decisions and customs. 2. Right to work laws allow states to: a) Establish emergency strike provision when a strike threatens public welfare b) Maintain a list of arbitrators to in contract settlement c) Pay less than federal minimum wages d)
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