____________________________________________________________ ______________________________________ DEFINITION NATURE AND SCOPE OF ECONOMICS ____________________________________________________________ _______________________________________ 19 ____________________________________________________________ _____________________________________ DEFINITION OF ECONOMICS Economics is social science‚ which is concerned with the efficient use of scarce resources to achieve the maximum
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NATURE AND SCOPE OF ACCOUNTING TERMINOLOGIES As an introduction to the course in accounting‚ it may be useful to define the following terms : - Accounts : These are the financial records in the organization. Every business transaction‚ or accounting entity‚ may be represented in an account by itself‚ e.g. wages‚ telephone expense‚ motor vehicle‚ Cash at bank‚ Investment - Book-keeping : This is the recording of the financial transactions of a business
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stage. However‚ the key issue here is that the review must be conducted in a fair and just manner. Reward The reward for achieving the desired results whether monetary‚ commendation and/or recognition is a great motivator for repeat success. Limitations of MBO • Unclear and un-measurable objectives set. • The activities involved in an MBO program can take a great deal of time and resources. • Unrealistic goals due to the discrepancy in expectations between boss and employees when setting
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Chapter I The Problem and Its Scope There was a time when cheating was rare in schools‚ but today the whole “importance of learning” aspect has been eliminated. Instead‚ everyone is focused on making the top ten percent of their class or being valedictorian and we seem to have forgotten school’s purpose. School exists so that we will be educated‚ not so everyone can cheat their way into being successful. Education‚ which has become vital for the survival for any civilization
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INTRODUCTION Background of the Study Teacher evaluation is documenting the quality of teacher’s performance; then its focus shifts to helping teachers improve their performance. The fact that the Baguio Seventh Day Adventist School is an educational institution‚ it evaluate its teacher performance. According to the principal of the school‚ evaluation of teachers by the students started in 2002. Then they do it twice a year. The school conducts the said evaluation in order to see if the teacher is efficient
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Food Processing in Bihar The Road Ahead Prepared by for Government of Bihar FOOD PROCESSING IN BIHAR THE ROAD AHEAD Contents Executive Summary 1. 1.1 1.2 1.3 1.4 1.5 1.6 2. 2.1 2.2 2.3 2.4 2.5 2.5.1 2.5.2 2.5.3 2.5.4 2.6 2.7 2.8 2.8.1 2.8.2 2.8.3 2.8.4 2.8.4.1 2.8.4.2 2.8.4.3 2.8.4.4 2.8.5 2.9 2.9.1 2.9.2 2.9.3 2.10 Introduction Agriculture Sector Food Processing Sector: Size Opportunities Constraints Vision 2015: Central Government Investment Needs to Realise the Vision Bihar: A Brief
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OBJECTIVES AND SCOPE OF THE PROJECT The banking industry is one of the fastest growing industry in India. It is a mirror image of the economy of the country. With the liberalization of the economy‚ India has become the playground of major global banking majors. The major objectives of the study are as below: To analyse how political‚ economical‚ socio-cultural‚ technological factors affect this industry by PEST analysis. To find out level of competition in Indian banking industry through
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Table of Contents Acknowledgement Executive Summary Outline the merits and limitations of Crop Bank’s proposed reward system for the managers and staff. Develop an alternative reward system for bank’ employees and explain why it is superior to the proposed reward system Conclusions Executive Summary Crop Bank has become a most strategic Bank in the field. It has faced a strong competition from
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Vocational Nursing Scope of Practice The term “scope of practice” is accustomed to explain sort limitations of accountabilities‚ engagements and measures of a certain line of work approved by-law. The aforementioned takes account of constraints besides functions in the profession that the law permits. It is correspondingly based on qualified experience and education. As a healthcare provider‚ it is very important to be acquainted with the scope of practice of your profession along with the other
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CAPITAL BUDGETING: ADVANTAGES AND LIMITATIONS. SEPTEMBER 2012 CHAPTER ONE INTRODUCTION 1.0 Background Study Capital budgeting is the process by which firms determine how to invest their capital. Included in this process are the decisions to invest in new projects‚ reassess the amount of capital already invested in existing projects‚ allocate and ration capital
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