the pillar for any organization. Managing human resources effectively has become vital to organization within the modern and fast-paced business environment. In order to survive in the current competitive environment it is mandatory for every company to recruit the right sorts of people in the right place. Now the question is why this word “right’’ has been used in here? Because if we recruit a driver to serve the customer in the check out and a person for driving the lorry who does not even know
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short‚ bringing cold nights whistled with the sounds of speeding cars flying down the highway. Eric heard the piercing call from his mother. "Eric‚ we’re going to McDonald’s. What do you want us to bring you back?" Eric thought about it a moment‚ and responded in his low‚ heavy voice. "I’m not hungry right now. Go ahead." "You really should eat!" she yelled back. He didn’t respond. Instead‚ he went into his room‚ mirror in hand. Eric had long been obsessed with the paranormal‚ reading books of ghosts
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Economies and Diseconomies of Scale A case for McDonalds & Movie Theaters By Michele Tarrence Econ 202 Economies of scale are defined as ‘forces that reduce a firm’s average cost as scale of operation increases in the long run. The opposite of this would be diseconomies of scale‚ meaning ‘forces that may eventually increase a firms average cost as the scale of operation increases in the long run. Most every company has both the economies and diseconomies of scale that can be analyzed
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1. Case Name: Host Europe: Advancing CSR and sustainability in a medium-sized IT company. 2. Problem Statement The main problem statement of the case is: How to further improve the ecological and social aspects of sustainability without disturbing the company’s current economic success? Rephrasing‚ In addition to the implemented CSR activities by Host Europe‚ what are the other important CSR activities Host Europe can implement to sustain its position as a leading contributor of CSR engagement
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THE INDIAN ECONOMY Structure 1 7.0 Objectives 17.1 Introduction 17.2 Features of the Indian Economy 17.3 Growth and Development 1 7.4 Mixed Economy 1 7.5 Demographic Transition 1 7.6 Sectoral Composition of GDP 1 7.7 Employment Structure 1 7.8 Inter-Governmental Fiscal Relations 17.9 Let Us Sum Up 17.10 Key Words 1 7.1 1 Answers to Check Your Progress Exercises - - 17.0 OBJECTIVES After going through this unit‚ you will be able to: identify the important features of the Indian economy; distinguish
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Friends can Lift You Up or Bring You Down “Hey whatz up bro? How’s life? Today there’s a party at my house” These are some of the common conversations in our daily life. Friends here‚ friends there‚ friends everywhere. Life without friends is like garden without flowers. Friends are one of the most valuable possessions in life. Friends are those people who will always be with you in the ups and downs of your life. Friends help us in many ways. They always comfort us when a problem arises‚ which
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Analysis of the BRICs economy a) Map the likely evolution of the BRICs. What indicators might companies monitor to guide their investments and actions? Answer: The BRICS are distinguished by their large‚ fast-growing economies and significant influence on regional and global affairs. As of 2013‚ the five BRICS countries represent almost 3 billion people‚ with a combined nominal GDP of US$14.8 trillion‚ and an estimated US$4 trillion in combined foreign reserves. The BRICS countries
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Chapter 7 The Role of Government in an Economy Part 1 Government Objectives & Policies Government Objectives Most national governments have four main economic objectives for their national economies. These are: • To achieve a low and stable rate of inflation in the general level of prices • To achieve a high and stable level of employment‚ and therefore a low level of unemployment • To encourage economic growth in the national output and income • To encourage trade
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GENERAL DISTRIBUTION OCDE/GD(96)102 THE KNOWLEDGE-BASED ECONOMY ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Paris 1996 Copyright OECD‚ 1996 Applications for permission to reproduce or translate all or part of this material should be made to: Head of Publications Service‚ OECD‚ 2 rue André Pascal‚ 75775 Paris‚ Cedex 16‚ France. 2 FOREWORD The OECD economies are increasingly based on knowledge and information. Knowledge is now recognised as the driver of productivity
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INTRODUCTION Globalisation implies integration of all the economies of the world. The global economy also comprises of global financial system. Global financial crisis however‚ is turmoil in the world financial system caused due to some illogical reasons and mismanagement by the financial institutions. The global financial crisis basically reflects a combination of three-factors which marks the worsened situation weakening balance sheets of financial institutions‚ continuous fall in asset prices
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