An Internet usage policy provides employees with rules and guidelines about the appropriate use of company equipment‚ network and Internet access. Having such a policy in place helps to protect both the business and the employee; the employee will be aware that browsing certain sites or downloading files is prohibited and that the policy must be adhered to or there could be serious repercussions‚ thus leading to fewer security risks for the business as a result of employee negligence. The Internet
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The role and importance of non-bank financial intermediaries The role and importance of non-bank financial intermediaries is clear from the various functions performed by these institutions. Major functions of the NBFIs are as follows: 1. Financial Intermediation: The most important function of the non-bank financial intermediaries is the transfer of funds from the savers to the investors. Financial intermediation is economical and less expensive to both small businesses and small savers‚ (a)
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Motivation and Rewards System GROUP III Motivation through Equity‚ Expectancy and Goal Setting Three Cognitive Theories of Work Motivation 1. Adams’s Equity Theory is a model of motivation that explains how people strive for fairness and justice in social exchanges or give-and-take relationship and based on Cognitive Dissonance Theory. 2. Expectancy Theory Holds that people are motivated to behave in ways that produce desired combinations of expected outcomes What an individual is
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Mammalian defence against infectious disease can be non-specific‚ otherwise known as innate‚ or specific (adaptive). Non-specific defence can be further categorised into external (preventive) or internal (defensive). Innate defence can be physical‚ chemical or biological. The skin‚ commensal organisms (e.g. bacteria)‚ mucous membranes and hair contribute to the physical mechanism of the body’s non-specific defence against disease. These prevent disease from entering the mammal’s body by acting
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EMPLOYERS SHOULD HIRE MORE YOUNG WORKERS IN THEIR COMPANY. The process of recruiting employees into a company is vital as these human resources are viewed to be a strategic investment. The success of companies largely depends on its human resource. Of late‚ higher learning institutions are churning out an unending supply of fresh graduates that add to the competition in the job market. Yet‚ the question arises whether the employer should hire these younger workers or to select from the more senior
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of the top five (5) advantages of a total rewards approach. The first advantage of a total rewards approach is self fulfillment so that people are recognized for what they do and encouraged to reach their potential through effective learning and development processes and given feedback on their performance. The second advantage is an organization culture where roles are clear and organizational and personal values are in alignment so that employees engage and enjoy work. Another way to consider
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Contingent reward is a reward that should be given to staff members when they earn them‚ that is the principle of contingent rewards. ("Motivating others through‚" 2011) This is a great way to get the desired effect when working with a staff that might not be motivated to get a task or assignment done. A trend in the United States is toward a larger portion of employees’ compensation to be provided in the form of “variable pay” such as bonuses and equity-based compensation. ("Motivating others
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An assessment of the long term financial health of the firm is an important task for outsiders like chartered accountants‚ creditors‚ borrowers‚ banks‚ financial institutions‚ public and shareholders considering the extension of credit and for insiders in their formulation of strategy. History abounds with examples of firms that embarked upon properly ambitious programs and subsequently discovered that their portfolio of programs could not be financed on acceptable terms. The outcome frequently was
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REWARD MANAGEMENT The purpose of offering rewards to employees is to recognise their achievements and contributions to the organisation. Employees may be rewarded financially‚ through recognition‚ praise or the opportunity to develop new skills (Armstrong‚ 2011). If implemented correctly rewards can enhance employees productivity‚ engagement and enthusiasm towards their role and the organisation. Research also suggests that offering rewards can increase motivation‚ innovation and problem solving
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University of Business & Technology Date of submission: TRANSMITTAL LETTER The Report supervisor Md. Amdadul Haque Asst. Professor Department of Finance Bangladesh University of Business & Technology (BUBT). Subject: Submission of financial report of Renata Ltd. & Beximco Pharmaceuticals Ltd. Dear Sir It is our pleasure to present the report on Managerial Finance. Which is done for partial fulfillment of the requirement of BBA degree. As measurement we are enthusiastic to you
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