Business Policies – Framing and Execution Business policies are the keystone in the arch of management and the life-blood for the successful functioning of business, because without well-laid down policies, there cannot be lasting improvements in the economic condition of the firm and labor-management relations. A policy is a positive declaration and a command to its followers. It translates the goals of an organization into selected routes and provides the general guidelines that prescribe and proscribe programmes, which in turn,...
read moreCreative Resume Writing In this video Michelle from Write By Night tells us how to write a resume and gives some great tips and tricks on how to make sure your resume is creative, professional, effective and helps you stand out to future employers. The job market is full of people searching for their dream job and by using Michelle’s tips, you can help make yourself stand out and show employers that you are the perfect fit for their job opening. This free video is perfect for anyone looking for a job, going to an interview or applying...
read moreContributions of Entrepreneurs to Boost Productivity Productivity Accelerators: Entrepreneurship raises productivity through technical and other forms of innovation. Entrepreneurs as risk bearers find resources and fill market gaps that would be missed by larger, more bureaucratic organizations. They allow a country to extract every last bit of marginal capacity out of whatever resources exist within the society. How to Make Money Online the Real Way – Discover the many ways to make money online doing what you like. Brilliant Tips on...
read moreBasic Trends in HRD – Human Resource Development The basic motive of HRD would be to develop an enduring and healthy work culture. It should also take into its fold the training and developmental aspects of the workforce that forms the significant segment of the organization. It is a means to improve the overall organizational effectiveness but not an end in itself. 101 GREAT RESUMES by RON FRY HRD Philosophy: The philosophy of an organization is understood through policies and operations and not merely through its programmes. HRD...
read moreA Purview on Unsecured and Secured Short Term Sources Unsecured Non-Bank Short Term Sources Commercial Paper: Short-term, unsecured promissory notes, generally issued by large corporations, with maturities of a few days to 270 days. Usually issued in multiples of $100,000 or more. Commercial paper market is composed of the (1) dealer and (2) direct-placement markets. Advantage: Cheaper than a short-term business loan from a commercial bank. Dealers require a line of credit to ensure that the commercial paper is paid off. From HTML to App...
read moreShort Term Financing – Interest Free Sources and Unsecured Interest Bearing Sources A firm obtains its funds from a variety of sources. Some capital is provided by suppliers, creditors, and owners, while other funds arise from earnings retained in business. In this segment, let me explain to you the sources of short-term funds supplied by creditors. Characteristics of short-term financing: Cost of Funds: Some forms of short-term financing may prove to be expensive than that of intermediate and long-term financing while some short-term...
read moreKnow the purpose of your resume Need help in creating or updating your resume? It certainly can be a tough task because your resume is going to be reviewed by software as well as by hiring managers. This new column brings you top resume tips for choosing a resume format, selecting a resume font, customizing your resume, using resume keywords, explaining employment gaps, and more tips for writing interview winning resumes. Try to understand that the purpose of building your resume is to land an interview and make it as precise as possible...
read moreAttitude and Job Satisfaction What is attitude? Attitudes are evaluative statements or judgments concerning objects, people or events –Stephen Robbin. They also represent an ‘affective orientation towards an object.’ It simply means what one feels and thinks about something. Elements of attitude: Cognitive components – opinion or belief Affective components – emotion or feeling Behavioral components – intention to behave The interaction of these three components determines the way in which an individual develops an attitude towards something....
read moreRatio Calculation From Financial Statement Profit and Loss a/c of Beta Manufacturing Company for the year ended 31st March 2010. Exercise Problem1 Kindly download this link to view the exercise. Given in pdf format. You are required to find out: a) Gross Profit Ratio b) Net Profit Ratio c) Operating Ratio d) Operating Net Profit to Net Sales Ratio a. GROSS FORFIT RATIO = Gross profit ÷ Sales × 100 = 50,000 ÷ 1,60,000 × 100 = 31.25 % b. NET PROFIT RATIO = Net profit ÷ Sales × 100 = 28,000 ÷ 1,60,000 × 100 = 17.5 % c....
read morePerception in OB (Organizational Behavior) Context – The Sub-Processes Involved What is Perception? A cognitive information processing process that enables us to interpret and understand our environment. According to Stephen P Robbins, Perception is a process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment. The term originated from a Latin word ‘percepio’ meaning receiving, collecting, action of taking possession, apprehension with the mind or senses. The process by...
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