Voluntary Retirement Scheme Presented by: M.Y.I.Goomany Learning Objectives Understand VRS Exit policy & its Effect Understand the procedure for VRS Merits and Demerits of VRS VRS in Mauritius VRS‚ others view Vendor Repair Specialist Vertical Rescue Solution Virtual Reality System Vision Rehabilitation System Virtual Race System What is a VRS? A voluntary retirement scheme (VRS) package is offered to employees as an incentive to retire earlier
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CENTRALISATION AND DECENTRALISATION INTRODUCTION Centralisation and decentralisation are very important concepts of prganisation. They explain the manner in which the decision making authority’ is distributed or delegated among various levels of the organization. The concept of centralisation and decentralisation deals with the distribution of overall organizational authority. Centralization is that condition where in much of decision making authority is retained at the top of management authority
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control by the line officers can be maintained since they can independently take decisions in their areas and spheres. 5. This kind of organization always helps in bringing efficiency in communication and bringing stability to a concern. | |[pic] Merits of Line Organization 1. Simplest- It is the most simple and oldest method of administration. 2. Unity of Command- In these organizations‚ superior-subordinate relationship is maintained and scalar chain of command flows from top to bottom.
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When cultures collide by Cosmas U. Nwokeafor Name: Muhammed H Bashorun Course: Phil 103 (Principle of Reasoning) Professor Name: Benjamin Arah Book Review (November 22‚ 2013) . When cultures collide by Cosmas U. Nwokeafor Cultural diversity is a reality and here to stay‚ it will not vanish overnight. People do things and think differently in diverse parts of the continents. In the same context‚ bringing up African children in foreign nations is not easy as
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Case 3: Jet Blue 1. What are key forces in the general and industry environments that affect JetBlue’s choice of strategy? Key forces that affect JetBlue’s choice are‚ for the low-cost airline industry‚ new entrants with more commercial experience might be the central issue. Sometimes‚ global forces are driving the way competitiveness is established in the low-cost airline industry such as the rising oil prices which are forcing some of the airlines to increase their charges. Understanding
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THE KENYA INSTITUTE OF MANAGEMENT MODULE: DCM 200‚ PRACTICE OF MANAGEMENT. CLASS A‚ EVENING CLASS‚ MONDAY. JANUARY – JUNE. LECTURER: MR. KISIA WORK BASED ASSIGNMENT PARTICIPANT: HUSNA TWALIB NYANGASA ADMISSION No: NRB/53875. SECTION 1 a) Identify the common types of organizational cultures found in organizations. Culture A culture is a way of life of a group of people the behaviors‚ beliefs‚ values‚ and symbols that they accept‚ generally without thinking about them‚ and that are passed
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Statistics for Management Unit 15 Unit 15 Index Numbers Structure: 15.1 Introduction Learning Objectives 15.2 Definition of an Index Number Relative Classification of index numbers Base year and current year Chief characteristics of index numbers Main steps in the construction of index numbers 15.3 Methods of Computation of Index Numbers Unweighted index numbers Weighted index numbers 15.4 Tests for Adequacy of Index Number Formulae 15.5 Cost of Living Index Numbers of Consumer Price
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Despite the fact that a private school is very often associated with quality service‚ professional teaching staff‚ competitive courses‚ and excellent facilities‚ critics are concerned about the harmful effects of private schools on society. The merits and demerits of this argument will be explored below. Unarguably‚ private schools outperform public schools based on their more flexible and advanced academic and extracurricular programs. With this distinguishing advantage‚ private schools are capable of
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Case Study Facebook vs. Twitter: The Coming Facebook-Twitter Collision Business Strategy Submitted by: Sunita Shrestha IAU ID: 102236 King ’s College Facebook vs. Twitter: The Coming Facebook-Twitter Collision Introduction A social networking website launched in February 2004‚ Facebook has gained in some made up war with rivalries: MySpace and LinkedIn. However‚ Twitter‚ the micro blogging site started in 2006‚ has forced Facebook onto a collision course despite having some key difference
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exist in practice‚ the three basic approaches are described here. Ranking Method Perhaps the simplest method of job evaluation is the ranking method. According to this method‚ jobs are arranged from highest to lowest‚ in order of their value or merit to the organization. Jobs also can be arranged according to the relative difficulty in performing them. The jobs are examined as a whole rather than on the basis of important factors in the job; and the job at the top of the list has the highest value
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