Abstract Downsizing has been a common cost-cutting activity for organisations in the last 25 years. Literature in this area has focused mainly on the effects that redundancy may have on people leaving the organisation. However‚ some research has investigated the effect it may have on the employees who were not made redundant‚ and from this the concept of ’Survivor Syndrome ’ was created. It has been established that redundancy processes result in negative emotions being felt by survivors‚ such as
Premium Layoff Employment Emotion
DBU 4 1.2. MISSION of DBU 4 1.3. BACKGROUND INFORMATION 5 1.4. BACKGROUND OF THE PROJECT 6 1.5. TEAM COMPOSITION 6 1.6. CURRENT SYSTEM DESCRIPTION 6 1.7. Statement of the problem 7 1.8. OBJECTIVE OF THE PROJECT 7 1.8.1. General Objective 7 1.8.2. Specific Objective 7 1.9. SCOPE OF THE PROJECT 8 1.10. Limitation of the project 8 1.11. RISK ASSUMPTION AND CONSTRAINTS 8 1.12. FEASIBILITY ANALYSIS 9 1.12. 1. Technical Feasibility 9 1.12. 2. Operational Feasibility 9 1.12. 3. Economic Feasibility 9 1.12
Premium Unified Modeling Language
Objective function of firm: y-w-β+κ‚ for which β=ũy‚κ=dka Production Function: y=ka The objective function of firm has been added two functions based on the basic model‚ -β and +κ‚ showing the cost and the benefit of non monetary rewards respectively. They are allocated in the firm’s objective function‚ because the firm is the sender of the rewards‚ which the firm will have a cost and benefit of the reward from the worker. β is a negative function‚ since it is the cost of non monetary rewards
Premium Economics Microeconomics English-language films
MANAGEMENT Presenting Author: Prof. Bhavesh B. Pandya. Institute of Business Management and Research (IBMR)‚ Near Asia School‚ Drive-in Road‚ Ahmedabad. E-mail: prof.pandya@yahoo.co.in‚ pandyabhavesh2000@yahoo.com. Theme: The prime objective of HRM is to have highly committed‚ talented‚ and happy workers in organization. There is shifting change in the importance of basic input that requires in business activity. Four basic inputs are as under. a) Man‚ b) Machine‚ c) Material‚ d) Money
Premium Management Human resource management Business
-ve effects on the environment f ll the ? of all th resources y your fi consumes? firm What Wh t are th -ve effects on the environment the ff t th i t of all the products your firm produces? What is your firm doing to repair the damage done t th environment over th p t X y to the i t the past years? ? Wh t i your firm doing to avoid damaging fi d i g t id d gi g What is y the environment in the future? What is your firm doing to promote environmental awareness amongst employees and the p g p y public
Premium Strategic management Environmentalism Decision making
12-Sep-13 Objectives of firms 1. Profit Maximisation In neo-classical economics it is assumed that the interest of owners or shareholders are the most important. Just as consumers attempt to maximise utility‚ shareholders main motivation is to maximise their gain firm the company. Therefore‚ one of the main objectives of firms is to maximise profit. Profit is the reward for the risk-bearing function of the entrepreneur. The firm is in equilibrium‚ and is maximising profit‚ when it
Premium Economics Profit maximization Profit
Economics – Features of Partnership Firms There are different forms of business organizations and a partnership firm is one among such organizations. Partnership is the relationship between two or more persons who have agreed to share the profits of the business carried on by all or any one or more of them acting for all. The following are the characteristics or features of any partnership firm: 1. Contract: It is formed on voluntary basis by means of an agreement agreed between two or more
Premium Corporation Joint and several liability Partnership
HRM Role in Recession The recession is healthy‚ from time to time. The recession helps to stop the businesses‚ which are not bringing value added and the human capital is transferred to more vital businesses at lower costs. In the companies‚ which survive the recession‚ the HRM Role is very important. The recession is very dangerous for the companies. During the times‚ when the business grows dramatically‚ the HRM Function introduces different policies‚ which are focused on spending money. The
Premium Human resource management
development. Human Resource Management (HRM) is an innovative concept that is being employed by businesses all over the world as a measure to remain competitive‚ or achieve greater competitive advantage‚ in their respective industries. This essay will discuss what HRM is generally thought to be and involve‚ and why it is so essential at this point in time for organisations to adopt as an essential part of their business strategy. Employee motivation is a critical aspect of HRM as it relates to employee performance
Premium Human resource management Management Organization
According to the DSM-V‚ specific phobias are types of anxiety disorders caused by an excessive and persistent fear due to the presence or anticipation of a certain object or situation (American Psychiatric Association‚ 2013). Specific phobias are considered to fall under the category of anxiety disorders due to the severe anxiety and distress that one experiences from their extreme fear. Symptoms vary depending on the type of phobia that exists‚ but fears generally last 6 months before they are considered
Premium Phobia Fear Arachnophobia