Labour Relation Approach and Issues Labour relation or what we call industrial relation is the heart of any industrial system. It is know as the relation between employees and employers of a company. For a successful growth of business of big or small firm this relation are needed to be smooth and healthy. Many writers have tried to define labour relation in different ways. Meaning of labour relation has kept on changing with the change in nature of work‚ technology and most important globalization
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financially stronger‚ have more efficient processes and turn out goods at extremely cheap prices. Armed with competitive advantage of low price the Chinese are moving in new markets at a feverish pace and Indian exports will also come under serious threat with the entry of China into the WTO. The flood of Chinese imports has raised temperatures all around‚ questions have been asked in Parliament‚ and the many chambers of commerce have beseeched the government to protect Indian domestic industry
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The approach that I thought would be best would be to take a weighted average of Price/DWT for 4 closely comparable ships. Upon taking an average of these Price/DWT factors‚ I multiplied this value by the 172‚000 weight of the Bet Performer to get its worth. I also considered the Capsize index in pricing the Bet Performer off of its comparable. The max Index value was now 12‚479 in May 2008‚ so solving for an index factor to adjust my 76.65 million result‚ yields a selling price of $135.36 million
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juvenile offenders (whether labeled as such or not) may feel frankly and unjustifiably immune to punishment‚ unless the adults in their lives take responsibility for administering it. Threats of punishment are mild‚ fleeting thoughts‚ usually undaunting until the juvenile offender experiences them firsthand. Threats of legal ramifications do not even seem real to the juveniles who commit the crimes. Sadly and tragically‚ errant juveniles commonly even accept the idea of going to prison‚ as if it
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Threats to Biodiversity: Habitat loss is mainly due to human population growth‚ industrialization and changes in the land use patterns‚ poaching of wild life and man wildlife conflicts. Man has begin to overuse or misuse most of these natural ecosystems. Due to unsustainable resource-use‚ once productive forests and grasslands have been turned into deserts and wastelands have increased all over world. Scientists have estimated that human activities are likely to eliminate approximately 10 million
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Recovery: an approach mental health professionals’ first began to use to redefine one’s attitude‚ goals‚ and feelings in order to live a comfortable life despite the limitations of illness. Diagnostic labelling associated with mental illness has proven to cause devastating effects on the lives of those with psychological disorders. Whitley finds that mental illness is not life-long nor is it a chronic condition that will lead to deterioration (1248). Various methods are now under consideration by
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The biological approach has shown to be one of the most scientific perspectives in psychology. When explaining human behaviour‚ the biological approach focuses on the role of genes‚ inheritance and biological processes‚ claiming that these are the things which determine behaviour. Additionally‚ the nervous system also plays an important role in explaining human behaviour. The biological approach arose out of attempts to understand two major issues: the relationship between the mind and body‚ and
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Weakness of rational choice approach when viewed from the lens of interpretive approach. Rinchen Dawa( 2013104522) Rational choice approach can be well understood from the book (The Logic of Collective Action‚ 1965) written by Olson where he argues that “rational‚ self-interested individuals will not act to achieve their common of group interests” (1965:2). Rational individuals will not act to achieve a common goal because he knows that his efforts will not have an effect on the situation
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behind this approach was that the psychological symptoms did not solely arise within an individual‚ but were a result of the dysfunctional families that an individual lives in (Pomerantz‚ 2013). This approach is an evidence-based and it is being recognized in therapeutic interventions like the other more known therapeutic approaches. The following paper is based on explaining family therapy from the various other therapeutic approaches that are in use from the early days till today. The paper will explore
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technology‚ new competitive threats‚ or industrial consolidation not only influence the financial ranks‚ but the way in which society sees the organization‚ therefore its sustainability (Hughes‚ Ginnette‚ & Curphy‚ 2009). To take care of those situations‚ Hughes‚ Ginnett‚ and Curphy (2009) describe two approaches for leaders to employ as they seek to drive organizational change. The first one and maybe the more frequently employed by managers: The Rational Approach and the second one‚ more commonly
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