able to position themselves better than their competitors within a specific market (Davies et al.‚ 1995). Therefore‚ banks need focus on service quality as a core competitive strategy (Chaoprasert and Elsey‚ 2004). Moreover‚ banks all over the world offer similar kinds of services‚ and try to quickly match their competitors’ innovations. It can be noted that customers can perceive differences in the quality of service (Chaoprasert and Elsey‚ 2004). Moreover‚ customers evaluate banks’ performance mainly
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Is an invitation to treat an offer? Discuss? Answer: Section 2(a)‚ Contracts Act 1950 provides that ‘when one person signifies to another his willingness to do or to abstain from doing anything‚ with a view to obtaining the assent of that other to the act or abstinence‚ he is said to make a proposal’. Case: M N Guha Majumder v R E Donough [1974] 2 MLJ 114 Facts: Property owned by the defendant was advertised for sale‚ and written offers to purchase were invited. The plaintiff viewed
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“The verification principle offers no real challenge to religious belief” Discuss Verification is a philosophical theory about the nature of language and meaning that was popular in the first half of the twentieth century. It maintains that for a statement to be meaningful it has to describe a state of affairs that can be tested or verified‚ i.e. can be shown to be true or false by sense-experience. This is called the verification principle. The verification movement was influenced by science‚ which
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Forgiveness and Acceptance in The Prodigal Son Betrayal‚ humiliation‚ foolishness‚ sin are all feelings that one person does not want to feel; if you put all those feelings together at once you will get what the prodigal son felt like. In the parable‚ “The Prodigal Son” which originates from the Bible Luke 15:11-32‚ the prodigal son does exactly this. The son betrays his father and flees from home; however once the son felt humiliated‚ foolish‚ and sinful he returns. Questions arise from this
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The discount rate Main article: Discount rate The rate used to discount future cash flows to their present values is a key variable of this process. A firm’s weighted average cost of capital (after tax) is often used‚ but many people believe that it is appropriate to use higher discount rates to adjust for risk or other factors. A variable discount rate with higher rates applied to cash flows occurring further along the time span might be used to reflect the yield curve premium for long-term
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WHAT IS JOB ROTATION? Job rotation is the surest way of keeping the employee away from complacency and boredom of routine. It is difficult for an employee to sustain his interest in a given Job for any substantial length of time as humans have the tendency of outgrowing their jobs through the learning and experience that they gain over a period of time. Stimulating human mind through diversity of challenges is a sure way to bring to forefront its creative instincts and in taking the individual and
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Assistance Programs Employee’s mental and physical wellbeing is an important factor if a company wants to be successful and enjoy annual growth and profits‚ but there are many factors that can distract an employee from performing their duties to the best of their abilities. Many employees suffer from problems such as alcoholism‚ drug use and rehabilitation‚ depression‚ financial and family issues as well as many other others that can affect their behavior and performance on the job. Corporations
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THEME AND THEOLOGY OF JOB In the story of Job‚ we learn from the very beginning that Job lost all his life stock‚ and lost all of his children. In response to this news‚ Job reacted with gut wrenching words‚ causing him to be very depressed. He was in a state of confusion and sorrow over what he believed was God’s personal attack on him. Job believes with all his heart that he did nothing to deserve this attack on his life (Job 9:15-23). Theses tragic events happen at the hand of Satan because
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JOB SATISFACTION OF EMPLOYEES IN BANKING SECTOR A comparative analysis among six Banks Chapter 1: Introduction of the Study 1.1 Introduction: With the opening up of the economy of Bangladesh‚ a dramatic change has been observed both in manufacturing and in service sectors. This has brought higher employment opportunities
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Conceptual Paper on Job Enrichment Ritesh Dhak 12PGP090 Abstract: This is a conceptual paper to study the phenomenon of ‘Job Enrichment’ in details. The various studies carried out on this topic. It’s relation with phenomenon of ‘motivation’ and ‘Job satisfaction’. It also deals with the effective job enrichment programs and implementing them. Introduction: Job enrichment is a type of job redesign intended to reverse the effects of tasks that are repetitive requiring little autonomy. The underlying
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