Today “Agricultural Marketing Co. Ltd (AMCL)” is the largest processors of agricultural marketing sector in Bangladesh. Their product is branded as “PRAN”. Now it is usually recognized to the consumers by “PRAN Group”. The full meaning of PRAN is… P = Programme for R = Rural A = Advancement N = Nationally “Agricultural Marketing Co. Ltd” was born in 15th May 1985. Keeping in view the corporate mission of the group they have over the years diversified their activities. It consisted as a “Private
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different stakeholders of a company compensation system and the human resource department provides them within and outside the companies. They are as follow: Employees‚ line managers‚ executives‚ unions‚ and US government. Stakeholders is performance-based compensation that focuses everyone in an organization on long-term while providing unlimited compensation opportunities for those who make it happen. This will create a strategic planning and compensation in an organization. (Higgins‚ 2006)
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The military compensation system‚ like many others‚ is a multilayer package comprised of direct compensation‚ indirect compensation‚ and additional considerations not afforded to most civilian sector employees (Bricka‚ 2016). As the civilian sector continues to graduate its compensation system to accommodate the labor economics of today’s society‚ the military fails to trend in the same direction. The current military compensation system is adequate to most but is outdated and in need of reform
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Compensation system of an industrial enterprise in Bangladesh:a case study on square pharmaceuticals Abstract Human resource management practices are now considered as one of the key contributing factors to the success of an organization. The organizations are putting increased emphasis on the policies and practices of HRM to gain competitive advantage. Throughout the whole case study several HRM practices related to the supply chain department of Square Pharmaceuticals Ltd. are discussed
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Compensation and Reward system plays vital role in a business organization. Since‚ among four Ms‚ i.e. Men‚ Material‚ Machine and Money‚ Men has been most important factor‚ it is impossible to imagine a business process without Men. Every factor contributes to the process of production/business. It expects return from the business process such as rent is the return expected by the landlord‚ capitalist expects interest and organizer i.e. entrepreneur expects profits. Similarly the labour expects wages
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THE COMPONENTS OF A COMPENSATION SYSTEM :- Compensation will be perceived by employees as fair if based on systematic components. Compensation systems are designed keeping in minds the strategic goals and business objectives. Compensation system is designed on the basis of certain factors after analyzing the job work and responsibilities. Various compensation systems have developed to determine the value of positions. These systems utilize many similar components including Job descriptions
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Compensation packages are an important part of the business structure‚ employee recruitment‚ retention‚ motivation‚ performance‚ feedback and satisfaction. Compensation is typically among the first things potential employees consider when looking for employment. It is important‚ therefore‚ to give a lot of consideration to your business’s compensation structure. After all‚ for employees‚ compensation is the equivalent not to how they are paid but‚ ultimately‚ to how they are valued. When it comes
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In this report‚ we have also created a new product of the Pran Food Company’s product line that is newly introduced into the market. For that product‚ we make a marketing plan including essential marketing strategies. 1.2 Objective of the study: Objective of the study of the report is to cope with the marketing strategy for launching a new product into the market. The report is showing that how to launch and what strategy should be taken for marketing new product. 1.3 Scope of the study: We can not
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PRAN GROUP Report on HR Department EXECUTIVE SUMMARY PRAN group of companies is one of the leading business institutes of Bangladesh .We have prepared report based on Practices of SHRM of Pran Food &Beverage . To prepare this report we have followed informal questionnaire. In the report we discuss about Company overview‚ literature review‚ Business strategy of the PRAN Food and Beverage‚ relationship between business strategy and HR practices of the organization‚ influence of business strategy
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FINANCIAL ANALYSIS AND VALUATION OF AMCL PRAN [pic] MBA (Evening) Program Department of Finance Faculty of Business Studies University of Dhaka August 2013 FINANCIAL ANALYSIS AND VALUATION OF AMCL PRAN M Shahjahan Mina Professor August 2013 Supervisor’s Remarks Kh Sazzadur Rahim Batch Number 15‚ ID # 15057 Student’s Declaration: I declare that the submitted project paper /internship report is original and solely produced by
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