What is meant by the term mandated benefit? Describe government-mandated benefits. What are the advantages and disadvantages of each? A mandated benefit is a law that requires a health insurance policy or health plan to cover specific providers‚ procedures‚ benefits or people. Mandated benefits are controversial. Some view them as consumer protections that ensure access to important care‚ while others contend mandates are promoted by narrow special interests and add significant cost but marginal
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Apple’s iphone - Not “made in America” 1) What is meant by globalization of human capital? Is this inevitable as firms increase their global operations? Globalization of human capital implies that people are moved out of their native country for employment in various fields. Since there are many companies around the globe and have branches in other countries‚ qualified people get an opportunity to move out and work. It is inevitable since globalization is established and the companies use the
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Kindley‚ M. (2001) What is Organizational Capital? – Interview to Erik Brynjolfsson – CIO Insight The recent bursting of the internet bubble‚ together with its unsustainable and sometimes bizarre business models‚ has resurrected the debate on the degree to which IT investments contribute to productivity growth. While economist Erik Brynjolfsson is a firm believer in the long-term contribution of technology to productivity growth‚ he also believes the answer isn’t as easy as buying a few computers
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Operations Strategy in a Global Environment International Operations at General Motors For years‚ General Motors dabbled with the idea of becoming a truly global business. While the firm exported its cars to several other countries and had a few plants outside the U.S.‚ it remained predominantly a North American enterprise. Just a few years ago‚ for example‚ 80% of the firm’s vehicles were made in North America. Cars made elsewhere were often retreads of older
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What is meant by propaganda? Propaganda is a form of communication containing information that is of a biased or misguiding essence used to promote a political motive or point of view. It is very rare that propaganda should turn out to be in the favor of the receiver. In most cases‚ the sender has some selfish or misleading data that he uses to attract the receiver to his own purpose. Types of Propaganda: Although it is not necessarily true that propaganda would only yield a negative outcome but
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Finance Working capital management in heavy engineering firms — A case study Dr. D. Mukhopadhyay An investigation into the effectiveness of working capital management of an organization with particular reference to its short term liquidity and solvency and impact on commercial operations of the organization. I ntroduction : The importance of working capital in any industry needs no special emphasis. Working capital is considered to be life-giving force to an economic entity. Management
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Strategic Human Capital Management Introduction Atlantis Global Corporation is a multinational organization that manufactures electronic circuit boards for high definition television screens‚ has relocated some personnel to three of its subsidiaries in hopes that the subsidiaries would be self-sustainable and profitable. The company’s CEO‚ COO and the Board of Director John is worried about global competition and losing AGC’s manufacturer of electrical circuit boards of high definition televisions
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1. Describe what is meant by motivation. What types of non-financial reward might a company use to motivate employees? Ans: Motivation may stem from personal interest such as keeping safe or from external factors such as praise and reward. Non-financial rewards: * appreciation of hard work * a sense of achievement * responsibility and empowerment * opportunity for advancement * a sense of challenge and enjoyment. 2. Describe the effects of an unmotivated workforce on a company. How
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SHARE CAPITAL INCREASE OF UNLISTED LIMITED COMPANIES Limited companies nowadays have undoubtedly established their importance in the development and evolution of the global economy. Their particular legal and actual form‚ in conjunction with the financial figures they usually represent have turned these specific entities into a springboard of capital growth and expansion. Because of the great importance held by limited companies in the functioning of the national‚ but also the global economy
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What is really meant by success? We are different individuals with different views and ideas about a certain matter. And every time we are asked about our dream in life‚ we often say that we want to be successful in life. The question is what is meant by success? When can we say that you are already successful? Our professor (Ma’am Jimenez) asked this during our last class prior to our examination in her class. We had offcourse our own definitions and indicators of success. Well‚ some of my
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