that they do. -How far do you agree? -What criteria should be used to decide how much people are paid? Work is an important part of our lives. For everyday life‚ jobs are important components which cannot be lacked for everyone. As a result‚ salary is always a controversial topic when people discuss it. One opinion says nurses‚ doctors‚ film actors and company bosses are paid fairly despite there is a big difference among the amounts. Others are against emphasizing there should be a criteria
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1. The Xavier Company‚ a merchandising firm‚ has planned the following sales for the next four months: | | |March |April |May |June | | |Total budgeted sales |$70‚000 |$50‚000 |$80‚000 |$60‚000 | Sales are made 40% for cash and 60% on account. From experience‚ the company has learned that a month’s sales on account are collected according to the following pattern:
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TITLE OF PROJECT: Establishing a Business: CANDIDATE’S NUMBER: CANDIDATE’S NAME: SCHOOL/CENTER NAME: SCHOOL/CENTER NUMBER: TERRITORY: Trinidad and Tobago SUBJECT: Principles of Business DATE SUBMITTED: Abstract In this SBA I discuss the things I plan to do to start my business and have it running efficiently and profitably. This project includes where my business is located‚ a description of the business‚ justification of location‚ selection
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supervisors and other line managers? Some specific functions should Hr unit carry out‚ such as: job analyses‚ planning labor needs and recruiting‚ providing advising and training in the selection process‚ orientation of new employees‚ managing wage and salary administration‚ managing incentives and benefits‚ providing and managing the performance appraisal process‚ organization-wide communications‚ and providing training & developing services. Supervisors and Other Line Managers responsibility is to:
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contract of employment. A contract is between at least 2 people or organisations‚ so an employment contract is between YOU and your employer. The terms and conditions of my own contract is telling me the time I start and the time I finish‚ the salary that I am
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Please answer each of the following. Please place all your responses in a single file before uploading. 1. In your opinion‚ what should be the role of the human resources department in organizations? (10 points) The role of a human resource department should be a business partner. My personal philosophy is that I am only as good as my clients‚ the employees‚ view me. If they do not feel they can talk to me about issue they see in the workplace either with a coworker or their supervisor or just
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principal will cut their remuneration in order to pay for monitoring cost. The higher monitoring cost‚ the lower remuneration will be pay to the agent. For example‚ if the agent not satisfied the principal interest‚ thus the principal will pay lower salary to the agent. Therefore‚ the agent then will be more specific in performing their roles in maximizing shareholder’s wealth or to fulfill the best interest of the principal to avoid from getting lower payment of remuneration. Second methodology use
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ARTICLE IN PRESS Journal of Financial Economics 88 (2008) 1–25 www.elsevier.com/locate/jfec The power of the pen and executive compensation$ John E. Corea‚ Wayne Guaya‚Â David F. Larckerb a The Wharton School‚ University of Pennsylvania‚ Philadelphia‚ PA 19104‚ USA b Graduate School of Business‚ Stanford University‚ Stanford‚ CA 94305‚ USA Received 28 October 2005; received in revised form 20 March 2007; accepted 4 May 2007 Available online 5 December 2007 Abstract We examine
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RINGO RAG COMPANY I. Situation Summary The Ringo Rag Company ( Ringo ) purchases rags from multiple sources and recycles them into smaller clean handy rags in a continuous process. Ringo s obtains its raw materials from three suppliers: junk dealers‚ textile convertors‚ and laundries. Ringo uses a standardized manufacturing process for the old rags that includes washing and drying‚ inspecting and grading‚ cutting‚ and packaging. Although Ringo uses a standardized manufacturing process‚ rags
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considerable leeway in administering their own affairs. Bridgeman has right to make market strategy in time. During slack periods‚ company has a policy of employing excess labor on various make-work projects rather than laying the men off. At that time‚ the salary is at about 70% of regular wages. Low labor cost will decrease the cost of production. There are a lot of steel rings on hand and can’t be sold. The total book value of these inventories exceeded $93‚000. Large inventory means less liquid cash. Maybe
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