countries are failing to increase employment opportunities for them. The lack of opportunities is of course linked to the general state of the economy and employment situation but it is also a result of the mismatches between the skills young people possess and the skills required by the labour market. All of these factors can lead to long periods of unemployment‚ job seeking or low skilled and precarious work‚ which are not only detrimental to young people but impact heavily on economies and society
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Business environment can classifies in two categories that are internal environment and external environment. Internal factors close to the company that have a direct impact on the organizations strategy‚ these factors include employee‚ customer‚ suppliers‚ shareholder‚ banker etc. External environment comprises those factors and trends outside the organization that might have an influence upon an organization and its future. Many external factors can have an effect upon an organization - from changes in
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British Journal of Arts and Social Sciences ISSN: 2046-9578‚ Vol.8 No.I (2012) ©BritishJournal Publishing‚ Inc. 2012 http://www.bjournal.co.uk/BJASS.aspx Effectiveness of Internal Audit in Tanzanian Commercial Banks Dr.Jayalakshmy Ramachandran Asst. Professor‚ Nottingham University Business School‚ Seminyih‚ Malaysia‚ Email: jayalakshmy.rama@nottingham.edu.my 60386248779 Dr.Ramaiyer Subramanian ‚ Lecturer‚ Faculty of Business and Law‚ Multimedia University‚ Malaysia. Email: ramaiyer.subramaniam@mmu
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THE IMPACT OF MACROECONOMIC FACTORS ON NONPERFORMING LOANS IN THE KENYAN BANKING INDUSTRY. MAKUSA GEORGE MAWILI HD 335-40-0284/2012 JOMO KENYATTA UNIVERSITY OF AGRICULTURE AND TECHNOLGY Email;mawiligeorge@yahoo.com Phone No. +254 0728 165 416 Abstract This study aimed to investigate the effect of macroeconomic factors on the performance of nonperforming loans in the Kenyan commercial Banking industry. The research methodology adopted was a simple time series analysis design that assisted
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are and how they would impact on the decisions made by strategic management on the future viability of the business. As well as this‚ do a brief analysis of the 5 forces driving competition in the hospitality industry using Porters model as the basis of your analysis. If there is a question: ”What must be considered for managers in the first stage of business decision making?”‚ one of the component elements included in the right answer definitely is analysing the external environment of the organization
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This can give an opportunity for a business to communicate with employees and the law requires a business to consult with the employees in some situations. It helps management and employees to understand more about the workplace issues and other factors that could affect a business. Moreover‚ this could help to build up trust between employees and managers and therefore workplace relations could be improved. In the UK workplace‚ there are forms of employee representation which are trade union‚ non-trade
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aims at explaining the state of industrial conflict in Singapore presently. An employment relation is the relationship between managers and employees in an organisation which is usually informal – for example‚ between supervisors and subordinates. At the industrial level‚ the relationship between the management of an organisation and its union is more formal and referred as industrial relation which is a subset of employment relations (Tan‚ 2007). Industrial conflict is the total range of behaviour
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Like internal validity‚ there can also be threats to external validity‚ & this can be an explanation of how researchers may be wrong in making a generalisation. For instance‚ researchers may conclude that the results of their study (which was done in a specific place‚ with certain types of people‚ & at a specific time) could be generalised to another context. For instance it could have been at another place‚ with different people‚ at a later time‚ even if these factors are only slightly different
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Business is an economic activity and decision making by the management is an economic process. It will be influenced by economic and non economic environment of business. You will appreciate that the business environment is quit complex‚ with heterogeneous elements in the environment. A manager must understand and analyse this process of interaction. In particular‚ you must note that all non-economic‚ environmental variables have economic implications‚ and that is why these variables singly or jointly
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What is internal control and why is it important The American Institute of Accountants first defined the term internal control in 1949‚ followed by further clarifications in 1958 and 1972. In 1977 publicly held companies came under legislation to adequately implement controls to protect their financial information. A report by the Committee of Sponsoring Organizations in 1992 and the Sarbanes-Oxley Act of 2002 are more recent documents defining internal controls.( Bishop‚ 1991‚p.117-123; Colbert
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