including J.P.Morgan with whom Merit has good business relationship and has served Merit with its short term as well as long term funding requirements in the past. The pros of this option are * The well established relationship between J.P.Morgan and Merit will facilitate ease of transactions and negotiations for the 4 billion loan. * Since the consortium of lending bankers will consist of J.P.Morgan ‚ it could better explain the creditworthiness and credibility of Merit to the other bankers and
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On April 7‚ 1782‚ George Washington created the Badge of Military Merit in order to reward those in the military who performed singular meritorious actions. But for unknown reasons following the Revolutionary War‚ the award had “broken service” and was not presented to anyone for approximately 150 years. However‚ it was redesigned in the 20th Century and is now known as the Purple Heart. One example of the Purple Heart is displayed at the home of Mr. and Mrs. James Speller of Windsor‚ N.C. The medal
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The word Merit can be defined as "the state or quality of being deserving or worthy of‚ to earn by service‚ (Merriam-Webster Dictionary)." Before you can understand the magnitude of the merit system‚ you have to know systems in which the merit system extended from and how they came about. If looking at the merit system now you would be able to read and see that‚ the Merit system is designed to provide a fair and equitable personnel management system‚ which recruits‚ develop and classify employees
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The Indian Federalism and Goa’s Future Teotonio R. de Souza Time may be ripe for Goans to demand Special Status to Goa‚ by seeking amendment of the Article 371 once again to satisfy their demand. The latest such amendment as 371 (J) has approved special status to the region of north Karnataka‚ including six districts of Gulbarga‚ Bidar‚ Raichur‚ Yadagir‚ Koppal and Bellary. This creates special conditions for the development of this region. The legislation granting the status was signed
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Running Head: TEACHER PERFORMANCE AND MERIT PAY 1 That’s Not Fair: Teacher’s Performance Based on Pay TEACHER PERFORMANCE AND MERIT PAY 2 Abstract There has been a huge debate on whether or not teacher pay or performance pay is a positive thing because there are no real guidelines. Many good points are brought into this debate as there are bad points
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Elimination of Merit Systems For many reasons‚ merit based civil service systems have come under assault and yet at the same time have been hailed. Merit systems do however attempt and achieve many important objectives including ensuring that an effective workforce is attracted and maintained by providing protections against arbitrary termination and by attempting to avert politically influenced hiring and promotions. Notwithstanding‚ the way merit systems go about attracting a workforce
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Seniority and Merit Pay Customer Inserts His/her Name Customer Inserts Grade Course Customer Inserts Tutor’s Name (Day‚ Month‚ Year) Seniority and Merit Pay Seniority‚ in general‚ is the length of service with an employer. Initially‚ those with more experience in a job position managed those with less experience. Advantages It enhances guaranteed promotions‚ benefits and advancement in a job field. It also ensures job security through protecting those who have achieved seniority from
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B. A. PROGRAMME APPLICATION COURSES TOURISM Convenor & Coordinator : Prof. K.V. Bhanumurthy Joint Coordinator : Dr. Abha Mathur 1 Tourism Course Objective The application course aims to familiarize the students with a brief background of tourism‚ its concepts‚ development and scope with special reference to India. Expected Learning Objectives Considering that Tourism Industry is experiencing a phenomenal growth world over‚ a student who has studied this course would
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Merit and Success are Related I believe in people who immigrate to America; they have the same dream-“American Dream.” The people who have the “American Dream” surely believe the U.S has meritocracy‚ which means they aware that there are plenty of opportunities to be successful in America if ones have good work ethic‚ put in their full effort to their careers‚ have an open-mind set‚ and willingly catch up with the newest technology‚ they can be successful. Unfortunately many people still stubbornly
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Tourism Tourism is travel for recreational‚ leisure‚ or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes" Tourism has become a popular global leisure activity. In 2011‚ there were over 983 million international tourist arrivals worldwide‚ representing a growth of 4.6% when compared to US$ 940 billion in 2010.[2][3] International
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