outsourcing to developing countries a legitimate business strategy that can be handled without risk of running into a sweatshop scandal? Once company decide to expand new factory in new place‚ there are couple factors that manager should concern. Government regulations would be first priority. It is necessary to know each country labour laws because some countries restrictions are tough. Those countries might require high standard of worker welfare and working conditions. It is obviously that MNCs
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International Employment Relations Review‚ Vol. 8‚ No. 2‚ 2002 49 WHAT IS EMPLOYMENT RELATIONS? Peter Slade University of the Sunshine Coast This article examines the question as to whether or not a new paradigm of employment relations is emerging. In doing so‚ it examines the nature of ideologies‚ and argues that the specific adoption of pluralism and the joining of Industrial Relations and Human Resources Management as a prerequisite to the evolution of a new field of enquiry is misplaced. It
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Financial Risk Management‚ FIN3FRM Semester 2‚ 2012 Assignment 1 Q.1 An investor enters into a short forward contract to sell 100‚000 British pounds for U.S. dollars at an exchange rate of 1.9000 U.S. dollars per pound. How much does the investor gain or lose if the exchange rate at the end of the contract is (a) 1.8900 and (b) 1.9200? (2 points) Solutions: a) The investor as part of obligation for selling pounds‚ because of his obligation to sell
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Critical Thinking Question 1. What seems the main source of conflict between supervisors and the HR department at Sands Corporation? Main source of conflict between supervisors and the HR department at Sands Corporation are: * HR department ranks applicant based on test scores or other criteria and because of that‚ often people do not get along well with supervisor and co-worker. * Excellent performers are leaving because of HR department do not pay the exceeding pay rises even though
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Contract is an agreement between two or more competent parties in which an offer is made and accepted‚ and each party benefits. No contract can come into being unless the following features exist: an actual offer‚ an acceptance‚ consideration (this means that each party will contribute something of a material value to the bargain) and an intention to create legal relations. The agreement can be formal‚ informal‚ written‚ or just plain understood. (a) For a contract to exist the offer must be made
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accepts the offer and they sign a contract to that effect. After the contract is signed‚ Teri learns of a Boston rule that all firefighters must live within the Boston city limits. Teri decides not to move and contacts Jack to let him know she won’t be moving after all. Jack sues Teri in municipal court‚ asking for specific performance in accordance with the original deal. Teri argues that‚ although specific performance is usually appropriate in land sales contract cases‚ the judge has the discretion
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Introduction A contract is defined as an agreement enforceable by law. Hence for all contracts there should have an agreement. The agreement arises by one of the parties making an offer and its acceptance by the other party. Both offer and acceptance create an agreement. In simple contract should first contain an offer made by one party to the other. What is an offer? As per Sec 2(a) of the contract act “When one person signifies to another his
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Analysis of Employment Tribunals: Is It Fit for Purpose? "Employment tribunals were established under the Industrial Training Act 1964. They were previously referred to as Industrial Tribunals‚ but their name was changed by s1 of the Employment Rights (Dispute Resolution) Act 1998‚ which took effect on 1 August 1998"(J.Nairns‚2011‚p.6). Now‚ HM Courts & Tribunals Service which is an executive agency of
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common law‚ a contract is a legally binding agreement between two or more parties that sets an exchange of promises of what each party will or will not do".(Elliott‚2011‚p.13) The contract can be unilateral and bilateral. if the oferee can accept simply by promising to perform‚ the contract is bilateral. Bilateral contract is a "promise for a promise"‚ and in order to be formed‚ is not need for consideration to be made at the time when the promises are exchanged . In a unilateral contract‚one party
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Contents Page Introduction 2 Explain the aims and objective of employment regulation 2 & 3 Describe the role played by the tribunal and courts system in enforcing employment law 3 Explain how cases are settled before and during legate procedures 4 Summary 4 Describe when and how a contract can be changed lawfully 5 Explain the main requirements of redundancy law 6 Explain the main requirements of the law Business Transfers 7 Summary 8 Identify the major requirements of Health and Safety
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