his workforce to perform. There is no guarantee that all employees will be productive under his attitude of management or attitude toward work. This may be the reason for the high turnover rate of the company. The ‘trust pay’ implemented by HCL may de-motivate some employees who actually like and benefit from variable pay. Mr. Nayar’s philosophies may work well for top level management and not employees. First line managers deal with a different type of employee than top managers. 3. Mr
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UNIT 5: ACCOUNTING FOR DEBENTURES LEARNING OBJECTIVES I) II) III) IV) V) VI) VII) IX) X) Understand the meaning and features of debentures. Differentiate between shares and debentures. Understand different classes of debentures Journal entries regarding issue of debentures for cash and for consideration other than cash. Accounting treatment of debentures issued as collateral security Accounting treatment of issue and redemption of debentures at par‚ discount and at premium. Understand the methods
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Economic Principle | Marketing Principle | Form Utility | | | | | | | | | | Utility is a term used by economists to describe the measurement of "useful-ness" that a consumer obtains from any good. Utility may measure how much one enjoys a movie‚ or the sense of security one gets from buying a deadbolt. The utility of any object or circumstance can be considered. Some examples include the utility from eating an apple‚ from living in a certain house‚ from voting for a specific candidate
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Financial Statements versus Financial Reporting Financial statements are records of all financial activities of a company and are prepared in a structured manner so as to be easily understood. Or otherwise‚ financial statements are short documents that present the income information for a business at any given point in time. Financial statements are therefore generated several times throughout the year to provide accountants and financial advisors and planners within the business with financial
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The importance and application of principles of management in the present day context The aim of all good modern organizations is to reconcile the organizational purpose (whether this be profit for shareholders‚ or cost-effective services delivery‚ in the case of public services) with the needs and feelings of people (staff‚ customers‚ suppliers‚ local communities‚ stakeholders‚ etc) with proper consideration for the planet - the world we live in (in terms of sustainability‚ environment‚ wildlife
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1) What “modern” practice related to human resources management do you observe in the management principles of Laidlaw Leeds? With the increasing of number of customers‚ Robert Laidlaw changed his organizational structure in to departments. In addition‚ add each process in to each department. Product department such as clothing‚ hardware‚ leather goods and administrative department such as correspondence‚ dispatch‚ office. So dividing each task in to various departments then we can save time and
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1. Developing employee skills is a challenge in almost any environment. What type of skills needs to be mostly developed for EMAL trainees? A. All new inexperienced employees are provided with access to targeted Pre-Employment Course (PEC) designed to provide the Emirati men and women with theoretical and practical training in preparation for jobs with the company 2. Once those employees progress in their careers and get promoted‚ what kind of skills would be needed? A. Technical Skills
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Chapter 1 – The Financial Environment I. What is Finance? Finance = the study of how individuals‚ businesses‚ and the government acquire‚ spend‚ and manage financial resources (money). In other words‚ finance in an action whereby someone is watching to understand how we get‚ spend‚ and manage our money. This concept is very important because it explains how we make decisions about spending and saving money. II. The Origin of Finance The discipline of finance originated from
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10 Principles of Academic Principle and Integrity One of the most important principles is to always plan ahead and never over book your schedule. This is the most important for a variety of reasons. Time management helps you to make sure you’re taking the time out to successfully complete your work and fulfill any commitments made to others. It’s important to be successful and stay true to your commitments because it shows you’re professional and dependable. The second
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BBA 102 UNIT TITLE PRINCIPLES OF MANAGEMENT LECTURER DATE SUBMITTED 8TH 0CTOBER 2013 THE ASSIGNMENT. 1. Is management an art or a science? Discuss. 2. Is management a profession? 3. Does management need ethics? Discuss the ethics of management References *Unit Class Notes *Principles Practice of Management‚ L M Prasad‚ Sultan Chand&Sons (5th Ed)‚ 2000. *Management (principles and practise) simplified‚ Nisar Ahmed
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