Induced fit theory is a variation of the lock-and-key theory of enzymatic function. It is proposed that the substrate causes a conformational change in the enzyme such that the active site achieves the exact configuration required for a reaction to occur. The overall effect would be a tighter binding for the substrate and enzyme. Think of it as a lock and key model. There are specific substrates that combine to a specific enzyme. The theory basically states that both enzyme and active site change
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ADVANTAGES OF VERTICAL INTEGRATION It leads to reduction of transportation costs as the common ownership results in closer geographic proximity. The transaction costs can be controlled if a firm acquires the other firms in the vertical chain‚ then one division of the same company will transfer goods to other divisions. So‚ transaction costs in form of transport‚ cost of negotiation‚ cost of control etc. will be eliminated. The overall average cost of the firm will decrease because if the divisions
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FIT PRACTICAL QUESTION BANK (OU) MS POWERPOINT 1. Create 6 Slides using different slide layouts - describing about your College. Procedure: Step 1: click-on start button All Programs Select PowerPoint Select Blank Presentation Step 2: Go to Home tab‚ under slides group click-on New Slide by selecting the required Slide Layout Step 3: Write the content regarding the topic Step 4: Repeat Step 2 to Step 3 until 6 slides. Step 5: To insert a picture‚ go to insert tab‚ under illustrations group
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The HR activities of the organization is vast. The activities can be listed out as 1. General Administration of the employees. 3. Recruitment and selection. 4. Payroll and compensation. 5. Induction and training. 6. Performance appraisal. 10. Preparing HR Budget. 11. Periodical review of the employees and implementing strategies leading to Employee satisfaction. Positive aspects of Roles and Functions of the Human Resource Department Recruitment of Employees This is one of the most
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Analytical report: The Value of HR analytics in HR development Introduction The following report will begin by analysing the role that Human Resource (HR) analytics and Human Resource Management Systems (HRIMS) must have in order to assist HR in the shift from being an administrative and compliance based focus to becoming a much more strategically focussed and valued business resource. Towards doing this‚ we will first take a look at the purpose and benefits of HR metrics and then continue to discuss
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HR Management Chapter 3 Application case: Siemens builds a strategy-oriented HR system Question number 1 a) Examples of four strategically required organizational outcomes are: • Producing high tech products and services. • Geographic expansion: Expanding the new products and services in different countries. • Customer satisfaction (superior customer service). • Productivity and quality management (offer consistently high quality services). b) Examples of four required
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PAPERS: HRM IN THE 21ST CENTURY Becoming an evidence-based HR practitioner Denise M. Rousseau‚ Carnegie Mellon University Eric G. R. Barends‚ Vrije Universiteit Amsterdam Human Resource Management Journal‚ Vol 21‚ no 3‚ 2011‚ pages 221–235 Evidence-based HR (EBHR) is a decision-making process combining critical thinking with use of the best available scientific evidence and business information. We describe how to get started as an evidencebased HR practitioner. Actively managing professional decisions
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The New York’s Museum at FIT recently hosted the exhibition “Shoe Obsession.” The exhibition highlighted the 21st century designers who have designed both fashionable and outlandish shoes. Upon walking in‚ you are emerged with approximately 150 shoes. The shoes‚ grouped by style and designer‚ are displayed in illuminated glass cases and serve as the focal points. All shoes are examples of some of the most extreme and coveted footwear from notable designers such as‚ Manolo Blahnik‚ Christian
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THE DETERMINANTS OF THE NUMBER OF HR STAFF IN ORGANISATIONS: THEORY AND EMPIRICAL EVIDENCE JOS VAN OMMEREN CHRIS BREWSTER Cranfield School of Management Cranfield Bedford MK43 0AL UK E-mail: J.Van_Ommeren@cranfield.ac.uk. Tel: + 44 (0) 1234-751122; Fax: + 44 (0) 1234 751276. April 1999 ABSTRACT The current paper develops a range of hypotheses about the determinants of the human resources staff ratios in organisations and tests them using empirical survey data from European organisations
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Vertical Integration Vertical Integration deals with the degree to which a firm owns its upstream suppliers and its downstream buyers. When a firm becomes vertically integrated it means that it has incorporated all the aspects of the supply chain including manufacturing‚ distribution‚ warehousing‚ and even retailing. Specifically there are two types of vertical integration‚ backwards and forward integration. Backward or upstream integration is when a firm takes command of a function that its suppliers
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