Assignment 3 Name: Hira Tanveer MBA II Section: A Ans 1: Ethics are defined as the principles of conduct governing an individual or a group. Making ethical decision involves two things‚ one is normative judgments and other is morality. Referring to BP Texas city incident‚ it is much a breakdown in the company’s ethical systems as it is in its safety systems. Because BP’s management system was already aware of the problems with maintenance‚ spending and infrastructure before the explosion held in
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Contents Page no 1. Introduction 5 2. Evolution of HRM in India 6 3. Indian HRM in transition 7 4. Functions and activities of HRM 10 5. Changes in HRM 11 6. Challenges of HRM 12 7. HR managers should do the following things to ensure success 14 8. HR managers today are focusing attention on the following 15 9. Human resource management: Futuristic vision 15 10. HR jobs of the future 16 11. Current trends in HRM 17 12. RELIANCE INFRASTUCTURE 19 13. Conclusion
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Management (HRM) in India Introduction Over the years‚ the business environment has become more and more competitive with the growing number of technological advancements that has caused rapid globalisation of markets. In addition‚ according to Analoui‚ (1998)‚ in this era of knowledge-based economies‚ the workforces of firms are seen as the key resources that enable them to gain competitive advantages over one another. Lado and Wilson (1994) also suggested that Human Resource Management (HRM) practices
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United Bank Limited is one of the banks playing a very important role in the economic development of Pakistan. It’s providing high quality services‚ manage customer experience efficiently‚ have comparativeadvantage due to its innovative technology and provide high profit to its stake holder. In order to maintain and improve its services in the competitive market UBL Human Resource Department plays a very important role. You will find in this report the complete HR function of UBL. The vision‚ Mission
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Question 1: Nokia applies specific HRM practices that focus on attracting and retaining good employees. Discuss the significance of this strategic approach to talent management that is adopted by Nokia making them a leader in the mobile phone and telecommunications industry. 1.0 Introduction Global competitiveness seems to be the biggest challenge that most businesses and organisations are facing in the field of management nowadays. Emphasis today is more on strategic human resource management
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Management is divided into: * 1st- Planning : I.e Managers have to set objectives of an organization and decide how to achieve them. This will involve developing strategies‚ precises tactics‚ and allocating resources of people and money. * 2nd-Organizing: This involves analysing and classifying the activities of the organization and the relations among them. Then separate manageable activities from individuals ones. Staff the organization with qualifies people‚ that means
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UNIT 5: ACCOUNTING FOR DEBENTURES LEARNING OBJECTIVES I) II) III) IV) V) VI) VII) IX) X) Understand the meaning and features of debentures. Differentiate between shares and debentures. Understand different classes of debentures Journal entries regarding issue of debentures for cash and for consideration other than cash. Accounting treatment of debentures issued as collateral security Accounting treatment of issue and redemption of debentures at par‚ discount and at premium. Understand the methods
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HRM in a Changing Environment: The Challenges Today’s organizations are facing challenges upon following levels: i. Environmental Challenges ii. Organizational Challenges iii. Individual Challenges i. Environmental Challenges Environmental challenges refer to forces external to the firm that are largely beyond management’s control but influence organizational performance. They include: rapid change‚ the internet revolution‚ workforce diversity‚ globalization‚ legislation‚ evolving work and
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development. Human Resource Management (HRM) is an innovative concept that is being employed by businesses all over the world as a measure to remain competitive‚ or achieve greater competitive advantage‚ in their respective industries. This essay will discuss what HRM is generally thought to be and involve‚ and why it is so essential at this point in time for organisations to adopt as an essential part of their business strategy. Employee motivation is a critical aspect of HRM as it relates to employee performance
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supply of human resources. HR collect their those information from external environmental scanning and assessment of internal strengths and weaknesses is used to predict or forecast HR supply and demand in light of organizational objectives and strategies. Forecasting uses information from the past and present to identify expected future conditions‚ Management needs to estimate future labor availabilities and needs that is to assess the supply of labor from within or outside the organization.HR needs
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