Q.1…… Answer…… Entrepreneurship is the tendency of a person to organize his own business and run it profitably‚ exploiting the qualities of leadership‚ decision making‚ managerial caliber‚ etc. Risk Talking Risk-taking in its true sense indicates that risk is ignored in taking decisions and actions. We should rightfully use the word ‘risk averse’ for the entrepreneurs. Risk averseness implies taking ‘calculated’ risk and expecting premium for the risk taken. As the risk goes up the expected
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THE PROBLEMS AND SOLUTIONS OF MANPOWER DEVELOPMENT IN NIGERIA. Omotosho Fatimah Olamide Department of Economics‚ University of Lagos INTRODUCTION The development of indigenous manpower to serve as the propelling force for national growth and development is no doubt a key to Nigeria’s socioeconomic and political development. Manpower utilization could be defined as “the existence of skilled
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Megginson et al (2004)‚ suggest that political persuasion by government as a result of poor and unsatisfactory financial and operational results by SOEs has cause the transfer of ownership to private investor who will impact their business discipline in order to improve the level of performance for the newly privatized SOEs. While Aktan (1995) suggest that privatization goes beyond the sale of SOEs‚ assets or shares to individuals or private firms but in a broad meaning‚ it is to restrict government role
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Adithya‚ H.S.‚ Customer Perception and Behaviour of Car Owners-an Empirical Study in Bangalore City‚ Global Research Analysis‚ Volume: 2‚ Issue: 1‚ January 2013‚ Page: 104. Automobile Industry is one of the fastest growing sectors in our country. Cars were once considered as a luxury and now it has become a necessity. The purchase is normally influenced by many including their own perceptions and behaviour. Hence it is as complicated as human mind. It becomes imperative for the marketers to understand
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* [1900:] Maxwelton‚ the estate of a family of rank‚ is beautifully situated on the banks of the valley of the Cairn‚ in Dumfriesshire; and there is the scene of the song. Sir Robert Laurie‚ the first Baronet of the Maxwelton family - so created in 1685 - by his second wife‚ Jean‚ a daughter of Riddell of Minto‚ had three sons and four daughters‚ of whom Annie‚ the youngest‚ was much celebrated for her beauty. She made a conquest of William Douglas of Fingland‚ a cadet of the Queensberry family
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The impact of organizational culture on performance ANGELA SINICKAS: Developing surveys to measure the impact of corporate culture Corporate culture can help drive business results‚ but it takes a cultural audit to differentiate which elements of the culture can lead to superior performance. Angela Sinickas conducts employee engagement surveys that are specifically designed to measure the correlation between employee behaviors and attitudes that define an organization’s culture and its financial
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References: Services are taking on an increasing importance both domestically and internationally (Dean et al.‚ 1999) international markets (Duran & Eccles‚ 1997). Maxwell et al. (2004) concurs that service has increasingly played a critical role in a hotel ’s operations However‚ despite the vast amount of research done in the area of service quality‚ quality related issues have received little research attention within the hospitality
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company needs to provide goods and services: • At lower cost • At maximum customer satisfaction • With competitive advantages. The guest satisfaction starts at recruitment with: • Recruit the right staff • Train and motivate them • Empower them to deliver guest satisfaction • Appraise‚ develop and incentive them. 2. Service industry characteristics The service industry is special because: • The service is delivered by people to people • The service is produced and consumed at the same
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Employers Liability and breach of statutory duty Employers liability have both a common law and statutory aspect. Common law = found in tort of negligence. Duties are only owed to employees. Not owed to IC and visitor’s (Occupiers liability) Common Law Basic duty owed at common law by an employer to an employee is founded on the tort of negligence. Authority derives from: Wilsons and Clyde Coal v English [1938] AC 57 Employers have the duty at common law to take reasonable
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Portfolio management Portfolio management is the professional management of various securities (shares‚ bonds and other securities) and assets (e.g.‚ real estate) in order to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies‚ pension funds‚ corporations‚ charities‚ educational establishments etc.) or private investors (both directly via investment contracts and more commonly via collective investment schemes e.g. mutual funds or exchange-traded
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