Trade Union A trade union is an organization of employees formed on a continuous basis for the purpose of securing diverse range of benefits. It is a continuous association of wage earners for the purpose of maintaining and improving the conditions of their working lives. The Trade Union Act 1926 defines a trade union as a combination‚ whether temporary or permanent‚ formed primarily for the purpose of regulating the relations between workmen and employers or between workmen and workmen‚ or between
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trend started in the developed world and was largely a result of increased industrialization. At present about three quarters of the population in developed countries is urban. In developing countries‚ the percentage of the total population living in urban areas rose from around 30% in 1985 to 40% in 2000. More than 1.5 billion people in developing countries currently live in urban areas. By 2020‚ it is estimated that more than half the population of developing countries will be urban. In Asia
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Third is the process competency where a leader must know to communicate to others in such a way that they are easily understood and accepted (Hersey and Blanchard 1993). Accordingly‚ there are many leadership theories and models‚ which have been developed over the years. Most of these theories are interrelated and should be regarded together in order to come up with a good self-assessment as to the degree of leadership of a person possesses. In assessing my leadership skills‚ abilities and
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• Afghanistan • President – Hamid Karzai‚ President of Afghanistan (2001–present) • Bangladesh • President 1. Zillur Rahman‚ President of Bangladesh (2009–2013) 2. Abdul Hamid‚ President of Bangladesh (2013–present) • Prime Minister – Sheikh Hasina‚ Prime Minister of Bangladesh (2009–present) • Bhutan • Monarch – Jigme Khesar Namgyal Wangchuck‚ King of Bhutan (2006–present) • Prime Minister – Lyonchen Jigme Thinley‚ Prime Minister of Bhutan (2008–present) • China (People’s Republic
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argument for the protection of trade secrets. The report investigates the conflict between Samsung and LG. Samsung claims that LG stole its display technology and blame its own Samsung employees. Samsung accused eleven people‚ including six of its own employees of stealing its trade secrets and it claims that LG has stole its display technology. Introduction Trade secrets are any confidential business information which provides an enterprise a competitive edge. Trade secrets can be manufacturing
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The World Trade Organization is an International Trading Organization (WTO) which deals with the rules of trade between nations. The main function of the WTO is to ensure that the International trade arrangements partaken by different nations runs as smoothly and predictably as possible. It is a forum for governments to negotiate trade agreements. It is a place for them to settle trade disputes. Essentially‚ the WTO is a place where member governments try to sort out the trade problems they face
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face:•Language problems: This is the most common among international students and especially among those whose native language is not English. Along with this the problem‚ understanding ascent and slangs adds up more to it. •Cultural differences: Due to difference in the culture also‚ some problems come. For e.g. Here people are more open with each other no matter its male or female‚ which is not the case in countries like Pakistan (there it’s very severe problem). •Funds problem: Another big problem among
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International Trade Trade Most economists believe in free trade - the movement of goods between countries in the absence of harsh restrictions placed upon this exchange. The comparative cost principle is that countries should produce whatever they can make the most cheaply. Countries will raise their living standards and income if they specialize in the production of the goods and services in which they have the highest relative productivity: the amount of output produced per unit of an input
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the second most populated continent behind Asia. Africa is the poorest and the most undeveloped continent in the world‚ and is commonly referred to as a ‘Third World Continent’. The term ‘Third World’ came around during the Cold War to classify countries/continents that remained self-governing with a capitalist or communist government. This definition allows us to categorise the nations of the world into three groups based on social‚ political‚ and economic distribution. These groups are; the First
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Terms of trade refers to the measurement of a country’s export-prices with respect to its import prices‚ and is considered advantageous to the dual economies only in the case of it lying somewhere between the two production possibility frontiers. The measurement of terms of trade is specifically expressed through an index number by dividing the price for exports by the price for imports‚ only to ultimately multiply the answer by one hundred. This measurement helps an economy understand where it stands
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