1.What is HR planning ? Human resources planning is a process intended to help guide the organization plan in many general areas concerned with the organization in order to enhance its employees performance‚ such as‚ staffing‚ the growth and development of the organization‚ planning training programs for the employees‚ job rotations‚ and the process of designing‚ managing and implementing programs that help and support the employees like benefits and compensation programs. Nowadays‚ human resources
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PLF (Plant Load Factor)’ is the guiding philosophy behind the entire gamut of HR policies at NATIONAL THERMAL POWER CORPORATION. We are strongly committed to the development and growth of all our employees as individuals and not just as employees. We currently employ approximately 26‚000 people at NTPC.Competence building‚ Commitment building‚ Culture building and Systems building are the four building blocks on which our HR systems are based. | REPORT ON FOLLOWING PROJECTS ON BHEL: A)ANALYSIS
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Agency Issue no. 1 ABC company limited is a merchandising company that purchase good and sale it to others . the employees which load goods from the wear and reach their destination or customers wear house use a vehicle which is provided to employees for the transportation of goods .but they are using that transport facility for their personal use it is an agency issue which is facing ABC company . Solution Owner of company should observe and estimate the time which can be consumed during goods
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P3 Advertising Agencies What are advertising agencies? An advertising agency is a service based business dedicated to creating‚ planning‚ and handling advertising for its clients. An ad agency is independent from the client and provides an outside point of view to the effort of selling the client’s products or services. An agency can also handle overall marketing and branding strategies and sales promotions for its clients. Why would a business hire an advertising agency? For a business
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Law of Agency WHAT IS AN AGENCY? Sec 135 of Contract Act‚ agency is the relationships which subsists between the principal and the agent who has been authorized to act for him or represent him in dealings with others. WHO CAN BECAME A PRINCIPAL OR AGENT? Any person who is 18 years old and above and who is of sound mind may be principal. As between the principal and third persons‚ any person can became an agent. BUT persons of unsound mind and who are below 18 years are not liable towards their
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Right has an alternative plan for providing a service for HR departments other than recommitment. Their sole business is to help business’s manage change mostly due to downsizing. They will have to come up with a new business strategy or downsize themselves. Right seems to have found a market of helping people manage the change that has occurred since the 80’s‚ and not to say it won’t continue in business‚ but they are in the business of change‚ so they need a strong back-up plan; a way to restructure
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THE NATURE OF AGENCY RELATIONSHIP The need to appoint another person to perform one act or another on one’s behalf assumes greater proportion daily. This is so because of the rapid economic developments that has taken place in the recent years. A party may want to do many things but because of lack of time or expertise‚ he is compelled to appoint another person to act on his behalf and whatever that other person does will be binding on him. The question is: ‘Who is an agent?’ An agent is one who
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the second wave in the positive theory of accounting‚ focuses among other things on agency theory. What is agency theory? Elaborate the components of agency costs as described by Jensen & Meckling (1976). Answer: Agency theory is based upon the more general contracting theory that the most cost effective form of organizing economic activity is through a firm based structure. Jensen & Meckling describe agency theory is a contract under one party (the principle) engages another party (agent)
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) CIPD reveals HR profession map to replace old standards By Louisa Peacock on 21 Apr 2009 in Careers in HR‚ CIPD‚ HR qualifications‚ Latest News‚ The HR profession The CIPD has unveiled an ‘HR Profession Map’ which will replace the institute’s professional standards structure ahead of the launch of new qualifications next year. The map is designed to help professionals become equipped with the relevant skills needed for current practise and future growth areas across HR‚ in preparation for
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| HRMT 386- Assignment 1 | Athabasca University | | By: Amanda Smith‚ Student ID# 2723572 | 2/1/2011 | . | | Famous Films Inc. | Memo To: Front Line Managers‚ Department Supervisors‚ HR Staff From: Amanda Smith (Human Resource Director) CC: Scheduling‚ Payroll Date: [ 01/02/2011 ] Re: University Interns- Summer 2011 Famous Films Inc. will be hiring 20 university students into various departments to work from June 1st‚ 2011 until the university contract end date of August
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