The Public Sector sometimes referred to as the state sector is a part of the state that deals with the production‚ delivery and allocation of goods and services by and for the government or its citizens. This can be done on a national local or regional level. The Private sector is the polar opposite and is not controlled by the state. It is controlled by private individuals or organisations for private profit. Public goods are those that are non-rivalrous and non-exclusive. Non-rivalry means
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idea on the part of any management to award employees with merit issues? Why or why not? Discuss and debate. What factors should management consider in your opinion? Substantiate with many relevant organizational examples (Discussion on how to motivate employees at the workplace should be seen as it has become a challenge for employers today. Some Employers do give ESOP‚ Profit sharing‚ Scanlon plan‚ Annual Bonus‚ Gain sharing and Merit plans. Give relevant examples). -------------------------------------------------
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Most people concentrate on news item and gossip written on magazines during a wait in front of the cash register at the supermarket. The magazines are written about personal lives of the various famous people with pictures. Of course‚ this is the fact that their private life makes entertainment for a while from other peoples boring time. But I don’t think it is right that they become unhappy because of their open personal lives. First‚ no one will deny the fact that most magazines run their companies
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of all‚ writing about private life of famous people could influence to the prestige of many magazines and newspapers. Their information must be interesting to the readers. If they give just normal information‚ there is no guarantee their company will success. Gaining a big amount of money seems like everyone’s desire‚ and to have a firm stand in the market place‚ many magazines and newspapers try their hard to give the readers the most interested information and they accidentally overcome the limitation
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Question 1: Assume you read in a newspaper that firms who produce baby milk are not doing well due to melamine case. With the theory of perfect competition in mind‚ what do you expect to happen to the baby milk prices? Will the firms able to make profits in long run? Answer: With the theory of perfect competition‚ the melamine case will affect the firms in both short-run and long-run. First of all‚ customers will lose confidence to the baby milk firms and they will stop buying baby milk
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This paper seeks to outline and discuss the merits and demerits of self-regulation. Relevant examples will be cited that illustrate the points raised. Appropriate definitions of the key words will also be provided. The terms that will be defined are regulation‚ self-regulation‚ demerits and merits. The cases that have been taken up by the Voluntary Media Council of Zimabawe will be included at the end of the discussion. What is regulation? The first explanation is from Ogus (1994) who quotes
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------------------------------------------------- According to American marketing association (AMA) “Advertising is any paid form of non – personnel presentation and promotion of goods‚ services or ideas by an identified sponsor”. To advertise means to notify‚ inform‚ or describe (goods) publicity with a view to increase sales‚ to make a thing or idea publicly known. Features of Advertising: 1. Paid form: Advertising is paid for and hence it is a commercial transaction. This
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Chapter 1 – Introduction to R&S Importance of R&S: * Productivity: Reduces employee turnover and increases productivity * Competitiveness: Hiring the right people gives the company an edge in the market by higher productivity and in-turn increased profits. * Responsible for up to 15% of a firm’s relative profit * Help to establish employee trust * Legal and public exposure is another key element in this aspect and it is important to conduct the best practices in this regard which
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information in this presentation might be found. TIME: 1. Demerit: OFTEN LOST LB: What is often used and lost? RB: What practical‚ simple ways might reduce this demerit? 2. Demerit: OFTEN MISPLACED LB: What is often used and misplaced? RB: What practical‚ simple ways might reduce this demerit? 3. Demerit: LACK OF ACCESS LB: What green idea is known to you but not to others? RB: What practical‚ simple ways might reduce this demerit? 4. Demerit: DISSATISFACTION LB: What is most often used? Why
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define Debentures; enumerate the types of debentures; explain the merits and demerits of debentures as a source of long term finance; compare the relative advantages of issuing equity shares and debentures; explain the benefits and limitations of retained earnings; explain the merits and demerits of Public Deposits; outline the rules and regulations about inviting and accepting public deposits by companies; discuss the merits and demerits of long term borrowing from commercial banks. 19.3 Long Term
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