Meaning of Internal Reconstruction: When a company has been making losses for a number of years‚ the financial position does not present a true and fair view of the state of the affairs of the company. In such a company the assets are overvalued‚ the assets side of the balance sheet consists of fictitious assets‚ useless intangible assets and debit balance in the profit and loss account. Such a situation does not depict a true picture of financial statements and shows a higher net worth
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1Achievement Standard Biology 91155 Demonstrate understanding of adaptation of plants or animals to their way of life Biology 2.3A 3 credits All animals including insects‚ fish‚ and mammals have adaptations in some form of internal transport that allow them to carry out their way of life. Adaptations such as the different structures of the transport of nutrients and wastes‚ the gas exchanges‚ and the support and movement of the animal all take part in how each of the different animals operate
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needed people to join the army but it did not make people join the army in 1915 like several other countries so to get people to join the army it published posters that implied you were a coward if you did not like source A. Source A is a army recruitment poster that shows a John Bull standing in front of a row of soldiers saying “who’s absent? Is it you?” John Bull was a fictional fat British farmer. John Bull was made up as a rich British farmer telling people to join the army. The question he
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Recruitment‚ Selection and Induction An induction is vital to ensure a new employee settles into the organisation with ease. It is important to give basic health and safety training and fire escape procedures as well as introducing the new employee to the work culture and values of the organisation. This is an important part of the development between the relationship of the employer and employee. This part is very important as after a bad induction the employee may decide to leave if the organisation
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Diversity in employment promotes cost-effective employment relations: Employers have more choice from a greater skills base‚ improved employee satisfaction‚ reduced internal disputes‚ greater workplace harmony‚ improved retention and more effective and fairer promotion of talent * Diversity enhances customer relations: matching internal employee diversity to population diversity can provide performance benefits‚ which enhance awareness of consumer needs * Diversity enhances creativity‚ flexibility
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INFORMATION SYTEMS AND RECRUITMENT Among the many definitions of Human Resource Management (HRM)‚ this paper will approach it from a sistemic perspective. That is to say‚ HRM comprises the whole range of activities from the need to fill a free post to the time when an employee leaves the firm. The first one is the recruitment process‚ which is divided into three stages: Application‚ selection and socialization. This paper will leave out the latter‚ focusing in the use of HRIS (Human Resources
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RECRUITMENT PROCESS The selection of external recruits consists of the following steps: 1. CV Submission Potential candidates interested in joining the bank are required to send their complete curriculum vitae. An acknowledgement of receipt is sent for all submitted applications to the candidate’s email. 2. Application Evaluation The Human Resources department evaluates all incoming applications‚ against prerequisite abilities and skills set for all current openings. All applications are
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Generally‚ every organization’s performance could be enhanced if they have a sound internal control system. Internal control sys has two subcategories: A) Control environment B) Control procedures and policies @ control activities Control environment is abt attitude of board n mgt‚ whether they have integrity(honesty) and value the importance of running a sound internal control system. So‚ if their attitude is good‚ they will raise awareness and foster good attitude among ppl in the org
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HR Personnel and Management Policy is one example of how the culture of an organisation can be described and developed. It is about benefits and obligations between employers and employees‚ but it is also about formulating mutual understanding of what makes the organisation unique‚ that is the formal and informal norms‚ rules‚ habits‚ procedures or other institutional regulations. Personnel and Management Policy also systemises the work on organisational development and is meant to guide staff
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can affect its operation.The business environment consists of the actors and forces that affect an organization’s ability to develop and maintain business with its targeted customers. These are the Micro Environment‚ the Macro environment and the internal environment.The micro-environment of an organization can best be understood as comprising all those other organizations and individuals who directly or indirectly affect the activities of the organization. The following key groups can be identified
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