I. Nature and objectives of economic and monetary union Economic and Monetary Union (EMU) is an advanced stage of economic integration‚ which is characterized by the implementation of a common currency and economic policy at EU level and logical complements the creation of the single market. Can be defined six stages of economic integration: 1. Preferential Trade Area (with reduced customs tariffs between certain countries) 2. Free Trade Area (no internal tariffs on some or all goods between
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Bloom’s Taxonomy of Educational Objectives Aims and objectives We can think of aims as broad general statements of what students are expected to learn. Aims are often more appropriate for courses than for subjects. An aim for a course may be‚ "Students should acquire skill of reasoning" or‚ "Students should develop the ability to think creatively and independently ". Aims may include abstract concepts such as ’professional qualities’ or ’appreciation of the classics’‚ learning that may be
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1. Evaluate the objectives and indicators in Exhibit 7.3.2. Should any be redefined and‚ if so‚ provide examples of redefined objectives and/or indicators. The objectives and indicators provide feedback about productivity in order to help workers perform more effectively. Each indicator should have a particular quantitative level of performance. Objective 1: maintain a high standard of quality‚ can be redefined to a more precise objective by clearly defining quality. Indicator 1.1 should be redefined
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1) Management by Objectives (MBO): Peter F. Drucker in his 1954 book “The Practice of Management” introduced the appraisal method called Management by objectives (MBO). It has become an effective management tool and is also known as goal setting approach to appraisal. In MBO‚ the supervisor and subordinate jointly identify the common objectives of the organization and set the areas of the responsibility of each individual in terms of results expected from that person. These measures are used for
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Objectives * Recognize a situation‚ problem‚ issue‚ or opportunity that needs addressing. * Determine the significance‚ scope‚ magnitude and feasibility of finding a solution to the situation‚ problem‚ issue‚ or opportunity. * Identify ethical issues involved in business research. * Describe the business research process. In week one‚ I was able to strengthen my skills in recognizing situations‚ problems‚ issues‚ or opportunities that need to be addressed. I learned to analyze
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Organizational Objectives and Total Compensation in Different Markets University of Phoenix HRM/324 Total Compensation July 25‚ 2011 As a human resource consultant a client has asked me to explain how certain laws and regulations affect total compensation in his organization. The compensation laws are defined in order to create non-discrimination in the compensation provided to employees in the organizations. I will help in explaining the laws and regulations. The compensation laws and
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“Management strategies in industrial relations are the result of constrained rational choice‚ but are always aimed at maintaining security within the organisation’s decision-making process.” Salamon (1987) If one is to fully appreciate Salamon’s statement it is necessary to understand the fundamental principles of industrial relations and be aware of relevant factors which have altered the context of the employment relationship‚ since the traditional ‘master’ and ‘servant’ relationship of the
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In Thomas Nagel’s essay titled “The Objective Basis of Morality”‚ Nagel claims that “[t]he basis of morality is a belief that good and harm to particular people (or animals) is good or bad not just from their point of view‚ but from a more general point of view‚ which every thinking person can understand” (Nagel 124). When applying this theory to the immorality of the price of higher education‚ it can be argued that making college so expensive is immoral because any thinking person can see it is
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Q a) Explain the 5 performance objectives. Discuss these with the help of a real life example of a process involving products & services‚ and analyze how the process can be improved upon? b) Illustrate your chosen process with the help of a transformation model. Answer a) "Many methodologies and techniques for improving operational performance have been developed over the years these provide structured ways of improving company performance‚ but they do not explicitly tell us where to start. To
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considered when court administrators in deciding to sentence. Objective Seriousness‚ Aggravating and Mitigating Circumstances. Objective seriousness will be the first discussed Objective seriousness is straight forward it outlines how serious your situation outlines. Verbal assaulting an individual would fall on the lower spectrum while physically assaulting an individual would be higher. The court administrators will determine the objective seriousness by taking into account all the facts and the aggravating
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