is difficult in a global economy characterized by cut throat competition‚ increasing cost‚ expanding power of labour‚ rapid technological changes‚ growing customer expectations etc. Human resources are wealth of an organization which can help in achieving its goals. The problem of employees satisfaction is regarded as a very significant factor in workers morale‚ absenteeism and labour turnover. The amount of co-operation that management may deceive from the employees would depend greatly on the
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Strikes and lockouts: LRA 66 of 1995 | Right to strike and recourse to lockout | A strike or a lock out is prohibited when:1. a collective agreement prohibits it2. issue in dispute must be referred to arbitration or Labour Court3. issue in dispute is arbitration award‚ collective agreement or Minister award4. a determination in BCEA 75/97 regulates the dispute (only in first year) | Protected and unprotected strikes and lock outs | Substantive and procedural requirements set forthProcedural requirements
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Skilled trades * Common work place correspondence. * Writing skills can affect the success of a business/the success of a person working a business. * It is important that you able to convey thoughts and to communicate to others. * Must be able to direct writing to a specific audience. * Must be able to emphasize specific points in writing. * Proof reading and proper revision of documents. * Must know the difference between a memo and a business letter they have very
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“ International Trade and Foreign Direct Investment - an economic analysis” Table of Contents 1) Introduction 2 2) International Trade 2 2.1 Major Flows & Trends 2010 2 2.1.1 Merchandise Exports 2 2.1.2 GDP 2 2.1.3 World Exports and Imports 3 2.1.4 Leading Exporters & Importers 4 2.1.5 Sectoral developments 5 2.2 Explaining the Major Flows & Trends 2010 6 2.2.1 Absolute Advantage 7 2.2.2. Comparative Advantage
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Workers formed unions so that they could have some say over wages‚ hours‚ working conditions‚ and the many other problems that arise in the relationship between a worker and employer. Unions are important because they help set the standards for education‚ skill levels‚ wages‚ working conditions‚ and quality of life for workers. Union-negotiated wages and benefits are generally superior to what non-union workers receive (http://www.iuoe.org). Unions over the past 100 years have been shrinking and
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organization+ state - EU institutions= > The commission‚ Parliament‚ Council‚ Courts‚ European Council(defines general political direction+priorities/own president)‚ European Central Bank Criteria to join the EU= >European State >Democratic > Working market economies >Take on EU treaties‚ legislation‚ norms ^---Decided in 1993 in Copenhagen‚ European Council “Copenhagen Criteria” Joiners see EU has anchor supporting Political+ economic transitions; gateway to belong to Europe -EU has own budget‚ “ EU
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Petitioner: AIR INDIA STATUTORY CORPORATION. Vs. Respondent: UNITED LABOUR UNION & ORS. The appeals by special leave arise from the judgment of the Division Bench of the Bombay High Court dated April 28‚ 1992 made in Appeal No. 146 of 1990 and batch. The facts in appeal arising out of S.L.P. 7417/92‚ are sufficient to decide the questions of law that have arisen in these appeals. The appellant initially was a statutory authority under International Airport Authority of India Act. 1971 (for short
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Volatility: Impact on Industry Portfolios in Indian Stock Market K N Badhani*‚ Rajani Chhimwal** and Janki Suyal*** This study examines the interaction between changes in the exchange rate of Indian Rupee and returns on different BSE-based indices representing the firms of different sizes and industries. In absolute sense‚ the returns on all the stock portfolios are found to be positively correlated with the external value of Indian Rupee. However‚ the analysis with an extended market model of asset
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Trade Policy * Introduction * Definition * Types * Arguments for Free trade * Arguments against Free trade * Arguments for Protectionism * Arguments against Protectionism * Free Trade versus Protectionism * Conclusion * Bibliography | | Introduction Trade policy is a collection of rules and regulations which pertain to trade. Every nation has some form of trade policy in place‚ with public officials formulating the policy which they think would be most appropriate
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------------------------------------------------- The formation of custom unions can be beneficial to its member countries because of the new volume of trade created‚ but the net welfare effect depends on whether it leads to trade creation or trade diversion. Explain and discuss this statement ‘Customs union’ is the form of economic integration‚ which allows no tariffs or other barriers on trade among members (as in free trade area)‚ and in addition it adopts a common commercial policy toward the outside
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