including J.P.Morgan with whom Merit has good business relationship and has served Merit with its short term as well as long term funding requirements in the past. The pros of this option are * The well established relationship between J.P.Morgan and Merit will facilitate ease of transactions and negotiations for the 4 billion loan. * Since the consortium of lending bankers will consist of J.P.Morgan ‚ it could better explain the creditworthiness and credibility of Merit to the other bankers and
Premium Finance Debt Stock
Seniority and Merit Pay Customer Inserts His/her Name Customer Inserts Grade Course Customer Inserts Tutor’s Name (Day‚ Month‚ Year) Seniority and Merit Pay Seniority‚ in general‚ is the length of service with an employer. Initially‚ those with more experience in a job position managed those with less experience. Advantages It enhances guaranteed promotions‚ benefits and advancement in a job field. It also ensures job security through protecting those who have achieved seniority from
Premium Employment
The word Merit can be defined as "the state or quality of being deserving or worthy of‚ to earn by service‚ (Merriam-Webster Dictionary)." Before you can understand the magnitude of the merit system‚ you have to know systems in which the merit system extended from and how they came about. If looking at the merit system now you would be able to read and see that‚ the Merit system is designed to provide a fair and equitable personnel management system‚ which recruits‚ develop and classify employees
Premium Education Teacher School
Table of Contents List of Figures and Tables Summary 1.0 Introduction 2.0 Cooperative Education utilised as a form of experiential learning 2.1 Merits of Cooperative Education 2.2 Alternative models of experiential learning 2.3 Executive comparison of Cooperative Education to other models 3.0 Reflection of my experience with cooperative education 3.1 Amendment of opinion and expectations after my first coop experience 3.2 Insight for future careers gained as a result of reflection 3.3
Premium Cooperative education Experiential learning
Running Head: TEACHER PERFORMANCE AND MERIT PAY 1 That’s Not Fair: Teacher’s Performance Based on Pay TEACHER PERFORMANCE AND MERIT PAY 2 Abstract There has been a huge debate on whether or not teacher pay or performance pay is a positive thing because there are no real guidelines. Many good points are brought into this debate as there are bad points
Premium Standardized test Education Psychometrics
Elimination of Merit Systems For many reasons‚ merit based civil service systems have come under assault and yet at the same time have been hailed. Merit systems do however attempt and achieve many important objectives including ensuring that an effective workforce is attracted and maintained by providing protections against arbitrary termination and by attempting to avert politically influenced hiring and promotions. Notwithstanding‚ the way merit systems go about attracting a workforce
Premium Public administration Bureaucracy Civil service
Assess the merits of Utilitarianism (24 Marks) Utilitarianism is a theory aimed at defining one simple basis that can be applied when making any ethical decision. It is based on a human’s natural instinct to seek pleasure and avoid pain. Jeremy Bentham is widely regarded as the father of utilitarianism. He was born in 1748 into a family of lawyers and was himself‚ training to join the profession. During this process however‚ he became disillusioned by the state British law was in and set out
Free Utilitarianism Jeremy Bentham
The Merits of Environmental Uncertainty People are creatures of habit and have a need to know what the world has in store for us. We plan every aspect of our lives from what we will eat later in the day to what we will be doing 40 years from now when we retire. The business community is no different and seeks to plan and predict what the future will hold in terms of their success. We are at a point in time in which there is a great amount of uncertainty in the business community. Investors
Premium Management Environment Natural environment
amount of money having to pay back and could put stress on the organization if any financial situations ever aroused. Taking out this loan will have more people accountable for the company’s wealth. The only thing positive about doing this is that Merit is probably guaranteed to receive the money that they are asking. The biggest drawback is creating debt with multiple debtors. Public corporations are capable of raising capital from an IPO‚ as employees or individuals buy shares in the company‚ since
Premium Public company Initial public offering Finance
FAMILY There are five social institutions namely‚ family institution‚ education institution religion institution‚ political institution‚ economic institution .So all these institutions are inter related and inter linked with each other as the part of human body. As for as the family institution is concerned. Family as the social institution performs several functions. Kingsly Davis‚ Specks the four main functions of the family. i. Reproduction. ii. Maintenance. iii. Placement. iv
Premium Family Marriage