from date of the referral of the dispute4. union(s) must give at least 48 hours’ notice of the intended strike to employer5. in the case of proposed lockout: a written notice to union‚ employees or relevant council should be given at least hours before the announcement of the lockout6. If state is the employer‚ a notice period of seven days is required for a intended strike or lockout-- a failure of a union to follow its own procedures towards a strike does not affect the legality of the strike.Situations
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Warehouse Management Is it only a storage facility? A warehouse is typically viewed as a place to store inventory. However‚ in many logistical system designs‚ the role of the warehouse is more properly viewed as a switching facility as contrasted to a storage facility. 2 A Sample Warehouse Video 3 Benefits of Warehousing Consolidation Shipment consolidation is an economic benefit of warehousing. With this arrangement‚ the consolidating warehouse receives and
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1ST SIMESTER ASSIGNMENT GENERAL MANAGEMENT QUESTION 1 INTRODUCTION (kfc ) Micro environment factors which the organisation controls . eg employees product ‚price ‚place and promotion‚ it can be considered to be the local environment where business operates and owners are aware of the impacts that they are faced with. Macro environment factors are the ones which the organisation does not control and may affect the business . eg political ‚ economic‚ social‚ legal and technological factors
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BUSINESS ETHIC ESSAY What role do Unions play in business and is that role both useful and important? . A market is a way of cordoning and organising economic agents’ activity. The market permits a certain balance between demands and needs. Liberal economists consider the market as being the “best way of economical coordination if both clients and companies (Business) are hugely present.” The different actors one could meet in the market are‚ of course‚ clients and business; but also some
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Lisa Wilson | Building & Sustaining Trust | | Building and Sustaining Trust Can you imagine working in a place where you have no one to trust? You cannot trust your teammates to do their fair share‚ you cannot trust management to provide an atmosphere conducive to a positive work day‚ you cannot trust that the communication within the team will be positive and effective. There is no trust to be found. We are going to define and discuss trust and how it plays a part in a highly effective
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In Shakespeare’s play “ Macbeth”‚ the two characters who are most captivating without a doubt are Macbeth and Lady Macbeth. Since the first moment we are introduced to them‚ they captured our attention with their unusual personalities and roles in their relationship. Being that the play takes place in medieval times‚ one would think that Macbeth would be the head in his marriage leaving little to say for Lady Macbeth. However‚ Lady Macbeth often seems to resemble a puppet master with the way she
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Roles of management in business: Employees are the heart of any business‚ but management is the soul! They are the center of the operation. The role of management in business is critical to success and requires an individual who possess the following abilities. Goal setters: Whether it is completing all items on the to do list in the business planner‚ or scheduling the meeting with the marketing department about a promotion three months out‚ good managers know the importance of goal setting
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Instances where employee and management relations are hampered?? conflict is an inevitable part of organizational life and will influence organizational teams. A lesser known fact is that conflict can be healthy‚ even useful and productive. However‚ conflict can become dysfunctional and inhibit productivity if parties become entrenched‚ disputes become personal‚ or team members take sides (Chris Musselwhite). When people work together‚ conflict becomes a part of doing business. It is a normal occurrence
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17Functions of mutual funds PAGEREF _Toc401073803 \h 17Advantages of investing in mutual funds. PAGEREF _Toc401073804 \h 19Types of mutual funds PAGEREF _Toc401073805 \h 21UNIT TRUST. Introduction. PAGEREF _Toc401073806 \h 25Differences between mutual funds and unit trust. PAGEREF _Toc401073807 \h 26Features of a unit trust PAGEREF _Toc401073808 \h 26Types of unit trust. PAGEREF _Toc401073809 \h 27Benefits of unit trust. PAGEREF _Toc401073810 \h 28General Risks of Investing in Unit Trust Funds PAGEREF
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Scientific management theory and the human relations school theory are both theories developed in the 20th century as a means of increasing proficiency and effectiveness as well as profits and outputs in organisations. While the two theories have two different approaches to reaching organisational goals‚ both theories to an extent aim towards similar goals. Scientific Management was developed by Frederick Taylor as a means of replacing old ‘rule of thumb’ methods with scientific methods for best
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