organisations plan recruitment using internal and external sources. Internal recruitment A person recruited to do the job is taken from inside the organisation. This means that the person recruited will already know the organisation structure and the skills needed to work there. Furthermore‚ internal recruitment is seen as an opportunity for current employees to gain a chance of promotion‚ hence it will be motivating for them. External recruitment External recruitment is the process of hiring
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Catalyst in the Nigerian Banking Industry Akindele R.I Department of Management and accounting Obafemi Awolowo University‚ Ile Ife‚ Nigeria ___________________________________________________________________________ Abstract Fraud in the Nigerian Banking Industry before the recent merger and acquisition and recapitalisation efforts was at alarming rate. It has caused many banks to collapse‚ and many investors and depositors funds were trapped in. Infact it has prevented many banks from achieving their
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BANKING STRATEGIES Case Study: Product Innovation at Bank of America By Cindy Murray What financial institutions can learn from inventions and innovations in other industries. owhere is innovation more essential to survival than in the banking industry. In the payments domain‚ for example‚ nonbank competitors less constrained by bank regulations and therefore more agile are changing the banking industry’s grip on the public perception of banks as the only trusted brand for holding and moving
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Amul Industries Pvt. Ltd for project work. In modern days human life is very busy life. In this life man wanted to reach one place to another place very quickly because they have no time to satisfy this want‚ some scientists of different countries invented different vehicles. These inventions are dependent on many parts. These parts are known as auto parts. In the manufacturing of a motor car many auto parts are required. To satisfy this requirement sub industries are established
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OVERVIEW: Cooper Industries is a broadly diversified manufacturer of electrical and general industrial products‚ and energy related machinery and equipment. The company operates in three different business segments with 21 separate profit centers. These segments include electrical and electronic‚ commercial and industrial‚ compression‚ drilling and energy equipment. The product line is consisted of cheap fuses to $3 million compressor tribune sets along with products such as hand tools and light
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Staffing and Recruitment In times of increased competition‚ in which organisations must continuously learn and innovate‚ the human element becomes increasingly important in generating value for a company. In fact‚ the power of a company today is much more based on its intellectual asset than on other tangible equipments. For this reason‚ the organisation’s decisions about recruitment and selection are central to its ability to survive‚ adapt and grow. Recruitment: The recruitment and selection process
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The Hotel Industry Overview The hospitality industry covers a diverse range of establishments providing hospitality services in the form of accommodation‚ meals and drinks. A large proportion of people working in the hospitality industry are employed part-time and this is an increasing trend. It is estimated that by the year 2007 about 55% of the people employed in the hospitality industry could be working full-time and 55% part-time. This reflects the realities of the industry‚ where there is
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PIPER Cooper Industries‚ Inc. In May 1972 Robert Cizik‚ executive vice president of Cooper Industries‚ Inc.‚ was reviewing acquisition candidates for his company’s diversification program. One of the companies‚ Nicholson File Company‚ had been approached by Cooper Industries three years earlier but had rejected all overtures. Now‚ however‚ Nicholson was in the middle of a takeover fight that might provide Cooper with a chance to gain control. Cooper Industries Cooper Industries was organized
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Task 1 One of the significant contributor to climate change and other environmental threats is the construction sector. The construction industry has a major impact on our environment and our country cannot meet its environmental goals & objectives with substantially reducing the environmental impact of buildings and infrastructure. Thus‚ this sector needs to make an extensive and stringent shift in its practices in order to alleviate the impact of these threats. Hence‚ we have to change the way
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main concern of the present day Defence industries is to produce high grade quality products corresponding to world class standards. They are dependent on many small industries .So the high standards can be achieved by providing services by MSME which are ecologically superior and economically viable. The efforts must be made to enhance the efficiency‚ minimizing waste and optimum use of resources. This paper presents an approach for the small defence industries to produce zero defect products i.e.
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