ENGINEERING ECONOMICS ASSIGNMENT 1 ECONOMIC DEVELOPMENT AND ITS IMPACT ON SCIENCE Ananthtejas R 09CO12 Economic development Economic development is a broad term that generally refers to the sustained‚ concerted effort of policymakers and community to promote the standard of living and economic health in a specific area. Such effort can involve multiple areas including development of human capital‚ critical infrastructure‚ regional competitiveness‚ environmental sustainability‚ social
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Merit pay is any salary increase in an employee pay based on the performance of the employee . A bonus is not considered to be merit pay because this is a one time thing and merit pay becomes a part of the employee’s salary. I think this award is a great idea‚ this allows the employee to know their efforts of achieving their company’s goals has not gone unnoticed. This gives employees the incentive to want to learn more and continue to perform well in order to keep receiving their pay raise.
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Industrial and Commercial Training Evaluating effectiveness of a training programme with trainee reaction Piyali Ghosh Jagdamba Prasad Joshi Rachita Satyawadi Udita Mukherjee Rashmi Ranjan Article information: To cite this document: Piyali Ghosh Jagdamba Prasad Joshi Rachita Satyawadi Udita Mukherjee Rashmi Ranjan‚ (2011)‚"Evaluating effectiveness of a training programme with trainee reaction"‚ Industrial and Commercial Training‚ Vol. 43 Iss 4 pp. 247 - 255 Permanent link to this document:
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1257/jel.49.2.326 What Determines Productivity? C S * Economists have shown that large and persistent differences in productivity levels across businesses are ubiquitous. This nding has shaped research agendas in a number of elds‚ including (but not limited to) macroeconomics‚ industrial organization‚ labor‚ and trade. This paper surveys and evaluates recent empirical work addressing the question of why businesses differ in their measured productivity levels. The causes are manifold‚ and
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Productivity in the Workplace Owen Harvey December 2010 www.policyprogress.org.nz Foreword by David Choat (Director‚ Policy Progress) We all know that New Zealand could do better and be more effective in its economic performance. But when we discuss solutions‚ too often we gravitate to ‘big-picture’ macroeconomic ‘fixes’‚ which may (savings rates) or may not (tax cuts) have anything to do with the problem at hand. Owen Harvey doesn’t. His has been a consistent voice‚ urging to us
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Topic discussed : HR CONCEPTS IN HOTEL INDUSTRY TOWARDS EMPLOYEE TRAINING AND DEVELOPMET Name of author : S.M. Denis amirtharaj ‚ S. Kalist raja cross ‚ and Dr. Vanathi vembar 1.0 INTRODUCTION Human Resource Management is one of the most important department in each company which is need to handle and manage the employees. HRM is related and connected with all department in the hotel or other company. Why i am doing this assignment because to understand the
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develop a training system that is streamed-lined‚ effective‚ and efficient and gives your new employees the skills needed to be a good employee without overburdening them with too much information. Finding the balance between too much and too little information is the key to designing the most effective training system for your company. Step One: Determine what training is needed. The first step in designing a training system for your company is to determine what kinds of training is needed
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“Impact of Entrepreneurship Development & Urbanization on Economic Development” Shilpa loomba & Dr. S.K.Sindhi Abstract:- The paper reveals the interlinked effects of entrepreneurship & urbanization on economic development. Urbanization is increasing day by day due to increase in Entrepreneurship in developed areas. This is ultimately affecting per capita income‚ employment level & growth of population in urban areas. Up to some extent it is beneficial for the economy as entrepreneurship & urbanization
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Organizational Behavior Using rewards and punishments in a workplace to increase employee performance. 1. Punishment: For example‚ docking an employee one hour of pay for being 15 minutes late to work is punishment. From my point of view‚ a manager needs to understand what each concept is and how it applies to a situation. Then he can act according to the case. For reasons such as abuse‚ violence‚ harassment and theft‚ I think that the manager should use a punishment like a suspension
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Productivity Enhancement at Indus Motor Co Ltd through Focusing on 3M’s. M. Uzair Farooq (14415) Background • • • • • Indus Motor Company Ltd (IMC) Established: Dec. 89 Plant Location: Port Qasim‚ Karachi First Production: Toyota Corolla Car 1300CC XE‚ March 93. Joint Venture: Toyota Motor Corporation (TMC) Japan & Toyota Tsusho corporation (TTC)‚ Japan • Manufacturing of Toyota vehicles in Pakistan • Initial Installed Capacity: 10‚000 vehicles/ year‚ single shift. • Stake Holders: • House
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