8 Internal Trade 8.1 Introduction In the lesson on trade you have already been made familiar with the distinction between internal and external trade i.e. between home trade and foreign trade. You will recall that internal trade consists of exchange of goods and services between people living within the same country. In this lesson you will learn about internal trade in detail. 8.2 Objectives After studying this lesson you will be able to • • • • • • • • recall the meaning of Internal Trade; explain
Premium Retailing
2.7.3 Improved productivity and profitability According to Tangen (2005:728) profitability is most of time confused with productivity. It is described that profitability considers the monetarily effects‚ while productivity considers the real progression that takes place among purely physical phenomena. Profitability can be defined as the relationship of money between the output and input‚ thus including the influence of price-factors. Pekuri‚ Haapasalo and Herrala (2011:41)‚ states that profitability
Premium Economics Generally Accepted Accounting Principles Investment
Chapter 5: Internal Control over Financial Reporting 1. Internal control is a process designed to guarantee the achievement of the objectives of reliable financial reporting‚ compliance with laws and regulations and ineffective and inefficient operations. FALSE 2. Auditing standards require that the auditor exercise professional judgment and maintain professional skepticism throughout the planning and performance of the audit. TRUE 3. If internal controls are not enforced they are useless
Premium Internal control Auditing Audit
What is the employee engagement? Employee engagement is a workplace approach designed to ensure that employees are committed to their organisation’s goals and values‚ motivated to contribute to organisational success‚ and are able at the same time to enhance their own sense of well-being There are differences between attitude‚ behaviour and outcomes in terms of engagement. An employee might feel pride and loyalty (attitude); be a great advocate of their company to clients‚ or go the extra
Premium Employment Management
and policy makers may have some control. The agency has little control over the nature of clients served‚ and even less control over the external environment in which the agency is embedded. A key workforce issue in Georgia is the high CW employee turnover rate. The high turnover rate in Georgia is an indicator of a complex constellation of personal and organizational factors that contribute to child welfare employees’ lack of persistence in CW‚ and their decisions to leave public child
Premium Employment Foster care Profession
Employee Resourcing Employee resourcing‚ also known‚ in certain places‚ as people resourcing‚ is ‘that part of personnel and development which focuses on the recruitment and release of individuals from organisations‚ as well as the management of their performance and potential while employed by the organisation’ (Pilbeam and Corbridge‚ 2002). According to Armstrong (2008) employee resourcing strategy is related to the attempt of the organization not just of obtains and retains the people it needs
Premium Management Employment Organization
Restorative Justice is a theory that emphasizes repairing the harm that has been caused by criminal behavior 1. (John Stuart Mill‚ Utilitarianism‚2010). Restorative justice is important because‚ it holds offenders accountable in meaningful and constructive ways‚ can contribute to a more satisfying experience of justice for victims and communities. There are various methods of restorative justice in which they are practiced; examples include victim offender mediation‚ conferencing‚ healing circles
Premium Crime Criminal justice Criminology
Inventory Internal Controls ________________________________________ A company’s investment in inventory is usually a large one‚ and it may be comprised of a large number of merchandise items that can be readily stolen and resold. If the inventory contains mostly raw materials‚ then keeping track of it is essential for ensuring that the production processes using it will not run short of materials. This means that you need to implement an array of controls‚ either to prevent theft or to ensure
Premium Production and manufacturing Supply chain management terms Inventory
Running head: EMPLOYEE MONITORING Employee Monitoring Employee Monitoring Technological surveillance: In addition to Internet and email monitoring‚ there are numerous other ways employers can observe the daily activities of their employees. Many employers are resorting to methods of supervision that enable them to monitor not only the quality of work by the employees‚ but also the quantity of work. Technological surveillance has become commonplace among today’s workforce‚ regardless
Premium Employment Computer Surveillance
distinctive the Australian voice that reflects the diverse values‚ beliefs and opinions held by most people which are unique to the country. Australia has its own voice which reflects the values of egalitarianism and familial respect. These values and voices has been conveyed through the iconic Australian film The Castle directed by Rob Sitch and cleverly conveyed through his successful use of language and film techniques. The Father’s Day scene is crucial and is presented the voice of familial love and
Premium Australia Emotion Family