Definition of Enterprise Resource Planning Enterprise Resource Planning or ERP is actually a process or approach that attempts to consolidate all of a company’s departments and functions into a single computer system that services each department’s specific needs. It is‚ in a sense‚ a convergence of people‚ hardware‚ and software into an efficient production‚ service‚ and delivery system that creates profit for the company. While the idea is easy to grasp in theory‚ the reality has been different
Premium Enterprise resource planning
ABSTRACT Public enterprises in Nigeria have remained stagnant and underperforming because of setbacks and decay in management. This has resulted in public enterprises being branded ‘‘ineffective and inefficient’’. Performance management‚ which is a relatively new concept in human resource management‚ focuses on maximizing team and individual performance to achieve a motivated workforce resulting in higher goal attainment in a quest to enhance organizational competitiveness. This paper gives a perspective
Premium Human resource management Management
(2011) stated that a bank is a financial intermediary that accepts deposits and channels those deposits into lending activities‚ either directly or through capital markets. A bank connects customers with capital deficits to customers with capital surpluses. Banking is generally a highly regulated industry‚ and government restrictions on financial activities by banks have varied over time and location (Cotter‚ 2003). In addition‚ Fabozzi and Drake (2009) declared that a commercial bank is one of the types
Premium Bank
Report on Meezan Bank Limited Submitted To: Abdul Qayyum Qureshi Sb Professor Marketing Management Submitted By: 1) Muhammad MuddassirNaeem 2) Muhammad JunaidHaider 3) Muhammad Junaid Tahir 4) Syed Salman 5) Syed Adnan Contents Serial No Names Page No 1. Abstract 4 2. History of banking 5 3. History of Islamic Banking 8 4. History of Meezan Bank Limited 12 5. Mission and Vision Statement 13 6. Shahriha Supervisory Board 14
Premium Islamic banking Bank
Project Plan Forecast "A project monitoring system involves determining what data to collect; how‚ when‚ and who will collect the data; analysis of the data; and reporting current progress. Gray and Larson (2006)." A communications plan. addressing how progress will be reported to the various project sponsors and executives "When giving a status report to superiors‚ project managers must present the most positive image possible without stretching the truth. They should adapt their communication
Premium Project management
“HUMAN RESOURCE MANAGEMENT PRACTICES IN” [BANK] HR Planning: HR Planning process consists of forecasting‚ goal setting and strategic planning‚ and program implementation and evaluation. As the Bank operates in a dynamic environment where new and advanced practices are frequently emerging resulting in changing customer’s requirements. Not only this‚ the demands on existing staff resources fluctuate in order to maintain the provision of services
Premium Human resource management
supply of PGMs is influenced by cost of production‚ environmental consequences‚ government policies‚ industry decisions‚ market price‚ sociocultural trends‚ substitution issues‚ and technological factors. After studying these factors‚ this study projects that world platinum production capacity‚ an approximation of maximum supply‚ could increase by as much as 69‚000 kg from primary capacity and 22‚000 kg from recycling‚ or 38 percent between 2003 and 2010. World production capacity of palladium could
Premium Palladium Emission standard
THE INFORMAL SECTOR. In India‚ about 92% of the labour force or about 326 million persons work in the informal sector. As such‚ it can be well be termed as the “Informal Economy”. The concept of the Informal Sector was first introduced by Keith Hart in a field study of urban workers in Ghana in 1971 for denoting the self – employed sector which provided a source of income to many new entrants to the labour force who were unable to secure jobs in the organized or formal sector. The concept
Premium Employment Poverty
What is Sectoral Planning and Spatial Planning? When planning is done with a vision and mission to develop a particular sector only then the plan becomes a Setoral Plan. In Setoral Planning excessive concentration is given in economic activities of the metropolitan regions. In India it has benefitted the growth and development of Metro regions but failed to develop the rural and backward regions. In India 70% of the people live in rural area. To develop India the plan should be made to develop the
Premium Geography Planning Planned economy
ABSTRACT Planning in India continued to be largely centralized till 1992 when the Constitution (73rd & 74th Amendment) Acts provided a constitutional basis for decentralized and democratic planning process‚ giving a legal status to rural (Panchayat) and urban (Municipal) local bodies as self-government institutions. Planning today is practiced at national‚ sub-national‚ district and local levels‚ raising expectations that this would trigger development at all territorial levels. However‚ the
Premium Panchayati raj United States Constitution