LEGAL ASPECTS OF COMPENSATION AND INDUSTRIAL RELATIONS Indian labor laws are the laws that regulate employment. These are broadly divided into 5 categories: working conditions‚ industrial relations‚ wages‚ welfare and social securities. Under the Constitution of India‚ Labor is a subject in the Concurrent List where both the Central & State Governments are competent to enact legislation subject to certain matters being reserved for the Centre. The Ministry of Labor and Employment has the responsibility
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Introduction to Strategic Management Why is Strategy Important to Business Kaplan University Management Policy and Strategy MT 460 – 01 Unit 2 The question of why strategy is important to business is compelling to say the least. There are a number of reasons why strategy can and often does determine the success‚ growth or failure of a business. Without a strategy the business is responding to internal and external circumstances or demands without the advantage of a plan in place to address
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Disadvantages of Multinational Companies In a modern society‚ many multinational companies have been founded. They are called multinational corporations because these corporations operate in more than one country at a time. For example‚ McDonalds‚ Pepsi‚ KFC‚ Nike. I will discuss the advantages and disadvantages of these corporations. For the advantages‚ Firstly‚ multinational products and services provide the best possible standards. Because in a foreign country‚ Since consumers
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For a multinational company of your choice describe and evaluate its activities in foreign countries with reference to what you have so far learnt. First of all‚ a multinational company is an enterprise operating in several countries but managed from one country. Generally‚ any company or group that derives a quarter of its revenue from operations outside of its home country is considered as a multinational corporation. For this essay I have chosen to discuss about the multinational company: Carrefour
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Why Strategy is Important to Business Linda Ann Gonzales March 7‚ 2012 Management Policy and Strategy: MT460-03 1201B Unit 2 Abstract This project is about why it is important to apply the strategic management process to business and at the same time will be discussing the importance of strategy for business. This paper will continue to explain the concept of the strategic management process‚ and will discuss the importance of having a future oriented plan‚ the organization’s vision‚ mission
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Doing Business in India Executive summary This report is a conducted research to discuss the major aspects that should be considered while initiating a new business in India. India‚ specifically‚ was chosen because of its variety in ethnics‚ languages‚ religions‚ directions‚ parties and culture as well. For these reasons‚ India is one of the most interesting spots on the earth. First of all‚ the report gives an overall idea about the background of doing business in India in terms
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is that legal accountability is a serious thing in nursing. Reading so many case studies has make me realize the importance of having professional liability insurance as an RN. In nursing work settings‚ so many things can go wrong unintentionally. Nurses are legally bound to the nursing practice act‚ and practicing below that standards can result of negligence. It is important to have liability insurance‚ but it is more important to practice with cautious and follow the standard of practice. Not only
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Mixed Martial Arts (MMA) is a full contact combat sport that allows the use of both striking and grappling techniques including boxing‚ wrestling‚ Brazilian jiu-jitsu‚ kickboxing‚ taekwondo‚ karate‚ and other styles. Early MMA was internationally popularized by the broadcast of the Ultimate Fighting Championship (UFC) in November of 1993 (Mixed Martial Arts). In 2009 alone‚ the UFC had 7.175 million pay-per-view purchases. Then‚ in 2010‚ the number grew‚ and the UFC had 9.25 million pay-per-view
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wealth-maximization model of a firm‚ what is the expected impact of each of the following events on the value of the firm? Explain why Shareholder wealth-maximazation model goals to maximize the present value of the expected future cash flow for the equity owner’s (shareholder). It is the long term business goal and the value for the firm is determined by the amount‚ timing‚ and risk of the firm’s expected future profits. For the following events‚ the value of the firm is : a. New foreign competitors
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Doing Business in Japan 1. Concept of “nemawashi”. In order to do successful business in Japan‚ it is very important to understand the heart of the Japanese decision-making process‚ known as “nemawashi”. Nemawashi was originally a gardening term‚ which roughly translates as “to dig around the root of a tree a year or two before transplanting it”. In the terms of business‚ “nemawashi” is the organized and efficient consensus building procedure by which the approval of a proposed idea or project
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