Weeks 6 & 7 – Zambia Trade Tour Assignment Worksheet The exchange rate of a country measures the external value of the currency. To a country such as Zambia the market for foreign exchange is very important. Its own currency‚ the kwacha is not a hard currency and thus not universally accepted in payment of debt. Zambia relies on generating foreign currency from selling exports to enable it to finance imports. The macroeconomic situation such as the balance of payments position‚ employment and
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Describe the human resource manager’s role from the human resource manager’s viewpoint. The role of human resource professional in a corporation is essential. Human Resource managers contribute not only to business viability‚ but also the strategic planning and continued growth of personnel within the corporation (Huey‚ 1993). Moreover‚ Human Resource management oversees the business of managing people within an organization that included‚ but not limited to compensation‚ benefits‚
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You should initiate disciplinary proceedings against the workman following the Standing Orders of your establishment and the provisions of Industrial Disputes Act. You have to comply with each and every point of law and principles of natural justice before an employee is terminated or dismissed on the ground of misconduct. It is advisable to issue a show cause notice to start with and get a reply for that. If the reply is found unsatisfactory then proceed with a domestic enquiry and issue the charge
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ANALYSIS OF THE REPORT 1. Current ratio The company in all the years will be able to meet its obligation‚ especially in 2013 2. Quick ratio Company is using its inventory efficiently during the year and meeting its long term expenses 3. Cash ratio Company has sufficient amount of cash to meet its requirements 4. Inventory turnover ratio The company in year 2013 is converting its inventory into valuable product and selling it more efficiently 5. Inventory Holding Period In year 2013
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Human Relations Theory: The foci of human relations theory is on motivation‚ group motivation and leadership. At the centre of these foci are assumptions about relationship between employer and employee. they were academic‚ social scientists their emphasis was on human behaviour within organisations they stated that people’s needs are decisive factors in achieving an organisation’s effectiveness they were descriptive and attempted to be predictive of behaviour in organisations A ’motive’
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Guidance of Mr. Atul Bhavani Prof. Mrs. Pooja mam Officer-HR Training Incharge‚ IMI INDU MANAGEMENT INSTITUTE (IMI) ANKODIYA‚ VADODARA DECLARATION I Niyati D. Shah‚ student of the two-year MBA programme at Indu Management Institute hereby declare that the report on summer training and project work entitled “Innovative approach in the field of HR” am the result of our own work. I acknowledge the other works /publications cited in
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Leadership Approach Paper – Organizations depend on the management and leadership skills of individuals in order to be successful. Leaders do not have to be managers but are equally important. Leaders are individuals who possess traits‚ behavior and abilities to influence others to accomplish tasks and other needed objectives for the company. Leadership is defined as “the ability of an individual to influence‚ motivate‚ and enable others to contribute toward the effectiveness and success of the
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(outsouring etc.) Work Flow Design and an Organization’s structure * If structure strongly based on functions workers have low authority and work alone on highly specialized jobs. * Managing a division requires more skills than managing a function * HR managers need to design jobs that fit with the structure not only in the job itself Job Analysis * Process of getting detailed info about a job Job descriptions * List of tasks duties and responsibilities (TDRs)> shows how well candidate fits
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Consider the following contingency table: What is the probability of A | B? A′ | B′? A | B′? Are events A and B independent? 4.18 If P(A and B) = 0.4 and P(B) = 0.8‚ find P(A | B). ½ = 0.5. 4.19 If P(A) = 0.7‚ P(B) = 0.6‚ and A and B are independent‚ find P(A and B). 4.20 If P(A) = 0.3‚ P(B) = 0.4‚ and P(A and B) = 0.2‚ are A and B independent? Because P(A and B) = 0.20 and P(A)P(B) = 0.12‚ events A and B are not independent. Applying the Concepts 4.21
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SHIKHA MEHTA INNOVATIVE HR PRACTICES ABSTRACT In this era of cut throat competition ‚ a constant injection of new ideas keeps a company progressive and gives them an edge in the marketplace‚ especially in today’s global marketplace. It is only the innovations that provide company opportunities to gain competitive advantage over its competitors. As globalization advances and we move into the information age‚ organizations need to adapt to the changes in technology and the changing issues
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