...Study Notes for Exam Ch 1. Advantages and disadvantages of the different forms of organization. The difference between partnerships and corporations. Also read about agency conflicts. Forms of business Proprietorship Advantages * it is easily and inexpensively formed * it is subject to few government regulations, and * its income is not subject to corporate taxation but is taxed as part of the proprietor’s personal income. Disadvantages * it may be difficult for a proprietorship to obtain the capital needed for growth * the proprie- tor has unlimited personal liability for the business’s debts, which can result in losses that exceed the money invested in the company (creditors may even be able to seize a proprietor’s house or other personal property!); and * the life of a proprietorship is limited to the life of its founder Partnership-two or more ppl conduct a non-corporate business for profit. Advantages * general partners have unlimited liability * option of limited liability – one general partner and others are limited partners * one person is liable for the debts of the partnership Disadvantages * limited partners typically have no control—it rests solely with the general partners—and their returns are likewise limited * partners can potentially lose all of their personal assets because all partners are liable for the business debts Corporation-a legal entity under state law and is separate from mangers and owners...
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...TRAINING & DEVELOPMENT NEEDS APPROACH TO IDENTIFICATION A TRAINING AND DEVELOPMENT Needs Assessment is a systematic exploration of the way things are and the way they should be. These "things" are usually associated with organizational and/or individual performance . WHY design and conduct a Needs Assessment? We need to consider the benefits of any Human Resource Development (HRD) intervention before we just go and do it: * What learning will be accomplished? * What changes in behavior and performance are expected? * Will we get them? * What are the expected economic costs and benefits of any projected solutions? We are often in too much of a hurry. We implement a solution, sometimes but not always the correct intervention. But we plan, very carefully and cautiously, before making most other investments in process changes and in capital and operating expenditures. We need to do the same for Human Resource Development. The largest expense for HRD programs, by far, is attributable to the time spent by the participants in training programs, career development, and/or organization development activities. ==================================================================== METHODS OF TRAINING NEEDS IDENTIFICATION In addition to -PERFORMANACE APPRAISAL there are other methods like -ONE TO ONE INTERVIEWS [ in person / by telephone] [ one to one information gathering] -FOCUS GROUPS [meetings of individuals...
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...Paper 2752 ans 1b Management decision problem vs. marketing research problem· The decision problem should focus on what needs to be done? · The research problem should aim at providing information which enable the decision maker to take relevant decisions or carry out relevant actions in order to solve the problem · How can you avoid to make wrong specification of the research problem? o Wait until you have explored the decision problem sufficiently before you state your research problem o The typical research failure is to start the research process by making a proposal stating the methods which is to be used to complete the research o A more fruitful way of doing research is to examine the decision maker’s situation carefully in the first place with focus on: · The decision maker (organization) and its environment · Alternative courses of action · The objective of the decision maker · The consequences of alternative actions · Decision Problem: · The problem facing the decision maker (organization) for which the research is intended to provide answers or information · Research Problem: · A statement of the decision problem into research terms ans 1c. Research question vs. Hypothesis A hypothesis is a tentative statement predicting a particular relationship between two or more variables. If you want to know whether or not your study requires a hypothesis, ask yourself these questions: Are you undertaking a quantitative study...
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...ANALYSIS OF A CHANGE IN THE NATURE OF HUMAN RESOURCES MANAGEMENT, PRODUCTION AND MARKETING “A REAL CASE STUDY OF CARIBBEAN TREASURES” By: Romaldo Isaac Lewis (MBA) September 3nd 2012 MANAGERIAL ECONOMICS - CARIBBEAN TRESURES Page 1 MANAGERIAL ECONOMICS - CARIBBEAN TRESURES Page 2 TABEL OF CONTENTS Topic Page I INTRODUCTION ................................................................... 5 II STATEMENT OF THE PROBLEM .............................................. 6 III JUSTIFICATION .................................................................. .8 3.1 Limitation ................................................................... .8 3.2 Scope ........................................................................ .9 IV OBJECTIVES....................................................................... .9 4.1 General Objective ........................................................ .9 4.2 Specific Objectives ...................................................... .9 V METHODOLOGY .................................................................. 10 5.1 Interviews ................................................................. 10 5.2 Visits ......................................................................... 10 5.3 Analysis ..................................................................... 10 5.4 Photograph ................................................................. 10 MANAGERIAL ECONOMICS - CARIBBEAN TRESURES Page 3 ...
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...Corporate Internship Report “Steel Service Center in Indian Steel Market & It’s Relevance to JSPL’s Future Expansion” Internship Report submitted as a partial requirement for the award of the two year Master of Business Administration Program Submitted by Vinay Aggarwal 08609086 MBA (2008-2010) Company Guide Faculty Guide Mr. Subimal K. Sarmah Ms. Dimple Grover Asst. General Manager (Marketing Dept.) Jaypee Business School Jindal Steel & Power Limited Jaypee Business School (A constituent of Jaypee Institute of Information Technology University) (A-10, Sector 62, Noida (UP) India-201307) ...
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...2007-2008 JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY, HYDERABAD B.TECH. ELECTRONICS AND COMMUNICATION ENGINEERING I YEAR COURSE STRUCTURE |Code |Subject |T |P/D |C | | |English |2+1 |- |4 | | |Mathematics - I |3+1 |- |6 | | |Mathematical Methods |3+1 |- |6 | | |Applied Physics |2+1 |- |4 | | |C Programming and Data Structures |3+1 |- |6 | | |Network Analysis |2+1 |- |4 | | |Electronic Devices and Circuits |3+1 |- |6 | | |Engineering Drawing |- |3 |4 | | |Computer Programming Lab. |- |3 |4 | | |IT Workshop |- |3 |4 | | |Electronic Devices and Circuits Lab |- |3...
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...data | | E. | All of the above are primary functions of telecommunication (Correct Answer) | Incorrect | | | Q.2) | Which of the following most accurately describes the INTERFACE function of telecommunications? | | | | A. | checking for errors and putting the communicaiton into a standardized format | | B. | handing interactions between users and the network (Correct Answer) | | C. | keeping track of the status of the network (Your Answer) | | D. | choosing the most efficient path for a message to be sent over the Internet | | E. | changing coding system or speed when moving data between devices on the network | Incorrect | | | Q.3) | Which of the following is NOT a characterisitic of fiber-optic transmission? | | | | A. | faster transmission than twisted pair of wires | | B. | more secure than other media because it does not emit radiation | | C. | requires much less space because the fiber-optic cable is very small in diameter (Your Answer) | | D. | easy to work with the tiny fiber and require much cheaper equipment (Correct Answer) | | E. | not affected by power-line surges or electromagnetic interference | Correct | | | Q.4) | What is a key characteristic of a dedicated line versus a switched line? | | | | A. | required fiber optic media | | B. | used only for transactions within a single building | | C. | provides a direct transmission...
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