(debisaini@mdi.ac.in) Management Development Institute‚ Gurgaon 1 What Points are Discussed in this Session? 1. New work paradigm: Linked to globalized business world 2. New bus. realties & new critical success factors: BRICS 3. SHRM?: HR’s response to new Critical Success factors 4. How is SHRM different from tradl. HR functions 2 1 What has driven the New Business World & the World of Work? Globalization!!! 3 What Does Globalization mean? It means: • Global movement of capital
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What are the fundamental and enhancing qualitative characteristics of useful financial information? Objective of financial reporting and the capital markets The objective of general purpose financial reporting is to provide financial information about the reporting entity that is useful to existing and potential investors‚ lenders and other creditors in making decision about providing resources to the entity. Qualitative characteristics of useful information The Framework 2010 identifies
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Drilling for oil is a dangerous business. It comes with a lot of upś and downs. Every single job that you do comes with an obstacle. But‚ fracking also has many benefits. According to the websites‚ ¨http://www.what-is-fracking.com ‚¨ ¨http://www.solarschools.net ‚¨ and ¨https://energyindepth.org .¨ Each of these websites explain what benefits there are to fracking. Many people think that it harms our environment‚ but with new rules and laws companies are all able to create more jobs‚ lower the price
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Green computing or green IT‚ is the study and practice of efficient and eco-friendly computing resources (Gingichashvili‚ 2007). Green computing is basically learning to use computer resources more efficiently to help the environment as well as energy savings. Green computing helps to promote the usage of biodegradable products and recycle computer components whenever possible. In my opinion‚ green computing is an energy saving system that helps to save the environment and save electricity bills
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in the mid sixties with a dream‚ an American dream. He has a family; a wife and two boys. His average dream of having a better job earning a decent living‚ and providing a better living standard for himself and his family. There are three main characteristics that characterize Willy as the protagonist in Death of a Salesman; his love of being social‚ the fact that he is a dreamer and a lover. Willy Loman has always believed that the only way to succeed in life is to be well liked by people. He depends
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Characteristics of Supply and Demand The law of supply describes the practical interaction between the price of a commodity and the quantity offered by products for sale. The law of supply is a hypothesis‚ which claims that at higher prices the willingness of sellers to make a product available for sale is more while other things being equal. When the product is high‚ more producers are interested in producing the products. On the contrary‚ if the price of a product is low‚ producers are less interested
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Managing a healthcare facility can be difficult and as a nurse manager and you must be able to provide patients with safe‚ competent care that is financially secure. Mason‚ Gardner‚ Outlaw‚ & OGrady‚ (2016) explains that approaches to healthcare financing can become complicated; to identify clarity‚ we must examine the nation’s values and historical context. The purpose of this discussion is to discuss business principles such as managing employees‚ customer expectations and exposing yourself in relation
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WHAT DO MANAGERS DO? A CRITICAL REVIEW OF THE EVIDENCE COLIN P. HALES Department of Management Studies for Tourism and Hotel Industries‚ University of Surrey INTRODUCTION IN this article‚ I consider the extent to which the question ’What do managers do? ’ has been satisfactorily answered by published empirical studies of mana- gerial work and behaviour. Two aspects of this enterprise require justification: the pertinence of the question posed and the need
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Why do we want to do business in China? The answer is simple. We are still in a recession‚ and our unemployment rate is high. We have to explore alterative market to make money. What makes China an attractive market? China is attractive because there is big money to be made. [pic] Figure 1 Comparing Population of US and China in Millions China is the second largest economy in the world (Barboza‚ 2010) with 1.3 billion in population. That is more than four times the
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Characteristics of SME’s Marketing Marketing is regarded as relevant to both large and small organisations and basic marketing principles are seen to apply to both of them. It plays a significant role for SMEs as it is essential to the survival and growth of the enterprises but in the same time it is the biggest problem which owner-managers face in their business operations. Chaston (2000) says that truly entrepreneurial firms have a distinctively different approach to marketing which he
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