...1.0 INTRODUCTION Payroll consists of the process by which a business pays its employees for work performed during a specific period. A payroll system allows businesses to follow a set series of processes in order to make timely, correct payments in compliance with government regulations. A payroll system may be manual or computerized and handled in-house or outsourced to another provider. 2.1 OBJECTIVES A payroll system should be geared toward paying employees what they earn within a reasonable time frame and accurately tracking paycheck amounts as well as tax and benefit withholdings. Payroll systems should be thorough without being overly complex and cumbersome, and they should be designed thoughtfully enough to work well with a minimum of oversight. Having a well-designed payroll system is in the best interest of employees, business owners and human resources staff. 2.2 Scope And Limitation Accuracy Accuracy is an important objective of a payroll system, because employees are entitled to be fairly compensated for the work they have done, and a company's financial well-being depends on not overpaying employees for the time they have worked. In addition, businesses are liable for payroll taxes on employee earnings as well as remitting payroll taxes that have been withheld from employee paychecks. Consistency A payroll system has many components, and the information in each section should be internally consistent. An employee's weekly wages over the...
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...English 122 Nature vs. Man In the world now there are views of what can or should be done with the environment, use what is available to save any animal/plant/bug for the future. Then there are the options that go between those two extremes. Looking at some of the views from our readings as well as other sources, we’ll see what is looked at as right and wrong ways to use and preserve nature. There are many views on how the Earth should be used or preserved, but the how to do it with the world’s increasing population makes the answer so important to those that will come after us. While not about nature, Aldous Huxley’s “Time and the Machine” talks about time and how man has made himself a slave to time. Knowing that we have a limited amount of time in our lives, many want to do as much to fill that time as can be done. Most in the western world view time as something that needs to be taken advantage of, that there’s always a deadline for creating or making something. In some eastern cultures, there isn’t the hurry seen like we have. They aren’t as concerned for man-made time as they have “not been made conscious of the existence of minutes.” (Huxley, 366) He goes on to say that people living in large cities can live “without being aware of the daily march of the sun across the sky; without ever seeing the moon and stars.” (Huxley, 366) This goes to show that people are too into the passing of time and don’t look at taking time to relax and exist with nature. ...
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...Eco Terrorism Eco-terrorism is the term used to describe the violence in the interests of environmentalists. There have been cases when environmentalists have inflicted damage to the industrial factories, due to the fact that, they cause pollution and other environmental problems. According to Manning (2012), “Eco-terrorism can be defined as the act of violence or sabotage against person and property commits and support animal right activist.” There are some organizations that participate in it, such as, Earth Liberation Front (ELF) and Animal Liberation Front (ALF). These organizations managed to burn down a ski resort and blow up a laboratory among other things. On the other hand, some groups such as the Sea Shepherd Conservation Society are labeled as eco-terrorists although they do not commit such acts of violence against humans- they do not attempt to injure or kill people, but only provoke people through property. This has led to a debate that touches on whether or not to classify these actions as "terrorist" or not. The FBI has given the environmentalists a definition ‘the use or threatened use of violence of a criminal nature against innocent victims or property by an environmentally-oriented, sub national group for environmental-political reasons, or aimed at an audience beyond the target, often of a symbolic nature.’ John Lewis, a top FBI official says, ‘The number one domestic terrorism threat is the eco-terrorism, animal-rights movement.” Eco-Terrorists...
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...1.0 INTRODUCTION Payroll consists of the process by which a business pays its employees for work performed during a specific period. A payroll system allows businesses to follow a set series of processes in order to make timely, correct payments in compliance with government regulations. A payroll system may be manual or computerized and handled in-house or outsourced to another provider. 2.1 OBJECTIVES A payroll system should be geared toward paying employees what they earn within a reasonable time frame and accurately tracking paycheck amounts as well as tax and benefit withholdings. Payroll systems should be thorough without being overly complex and cumbersome, and they should be designed thoughtfully enough to work well with a minimum of oversight. Having a well-designed payroll system is in the best interest of employees, business owners and human resources staff. 2.2 Scope And Limitation Accuracy Accuracy is an important objective of a payroll system, because employees are entitled to be fairly compensated for the work they have done, and a company's financial well-being depends on not overpaying employees for the time they have worked. In addition, businesses are liable for payroll taxes on employee earnings as well as remitting payroll taxes that have been withheld from employee paychecks. Consistency A payroll system has many components, and the information in each section should be internally consistent. An employee's weekly wages over the...
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...Internship Report on | | A Study of BRAND REPOSITIONING STRATEGIES AND BRAND PERCEPTION OF CITIZEN ECO DRIVE WATCHES By Vivek Kumar 149010108 (BIM BANGALORE) To Bharathidasan Institute of Management Period (March 2009 –30th May 2009) Declaration I hereby declare that that the dissertation titled “A Study of BRAND REPOSITIONING STRATEGIES AND BRAND PERCEPTION OF CITIZEN ECO DRIVE WATCHES” is done for partial fulfillment of internship which is a part of study “under the guidance of Sharon Andrew and I have invested my earnest effort to accomplish the task and it has not been submitted anywhere for any other award. Where ever I had made any references I have furnished the source of information and they have been acknowledged. Vivek Kumar PGDBM BATCH-06 Bharathidasan Institute of Management ...
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...Mercedes Davis English 091 March 11, 2011 An Open Reader Reading is the foundation of our life. Without reading we would be like lost souls in the world. Everywhere we go and anything we do we have to read; at work, school, driving, etc. People who do not know how to read are limited in life, they cant get a job, and the everyday life would be a struggle. Someone who knows how to read has no restrictions, the sky is the limit for them, they are our lawyers, doctors, and teachers. In Moody’s article “The Joy and Enthusiasm of Reading”, he expressed his love for the unpopular selections, and how he learned how to dissect his readings. Moody also states that nobody will ever be able to tell him how to read, and also believes there is no right or wrong way to read. In Moody’s article “The Joy and Enthusiasm of Ready”, he explains his high school and college reading experiences. He tells us how his, Mr. Buxton, taught him how to analyze Shakespeare’s Macbeth. Mr. Buxton did not give him his own interpretation and made sure Moody noticed how Shakespeare repeated somethings to help Moody come to a conclusion. In eleventh grade Moody’s teacher Mr. Flanders encouraged Moody to develop his own relationship with the Gospels, in his religious studies. Then Moody continued onto college where he read Umberto Eco’s Role of the Reader, where he was introduced to Eco’s “Open Text” philosophy. He also read some of the great European and Latin Americans articles. After his...
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...On 5th January 1914 the Ford Motor company announced that it would more than double the wages of its workers. Briefly describe the history of this decision and relate to the theory of incentives and efficiency wages. When Henry Ford introduced the five-dollar day on the 12th of January 1914, many of his competitors might have questioned the success of this policy. Today, it is well established that Ford’s strategy was a key reason for the company’s early success and is often documented as an exemplary application of the efficiency-wage theory. This essay will briefly outline the history and implications that have led to the five-dollar day and relate it to the theory of incentives and efficiency wages. Henry Ford founded the Ford Motor Company in 1903. During the first few years the company remained relatively small and it was only with the introduction of the T-Model in 1908 and the transformation to assembly line production that Ford could expand his market share and increase the company’s profitability. However, as Raff and Summers noted, assembly line production resulted in a high degree of specialisation of the different production steps. Work at Ford’s became more and more menial, leading to dissatisfaction among the workforce, which reflected in a significant annual turnover of 370% in 1913. Although there was no evidence that Ford had problems filling his vacancies, the absenteeism and high turnover undoubtedly resulted in costs that Ford had aimed to reduce. It...
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...tle read: ... INDIAN INSTITUTE OF MANAGEMENT BANGALORE Manzana Insurance:Fruitvale Branch Submitted to Prof. Devanath Tirupati Indian Institute of Management Bangalore By: Group Number 6 Vikash Oraon 0911283 Abhijit Pagare 1011076 Bharathi Priya 1011087 Bhargavi Konathala 1011089 Bhavika Kansara 1011090 Vishal Kumar 1011143 Manzana Insurance Introduction Manzana Insurance was started in 1902, and by 1953 had become the second-largest home and commercial property insurer in California. However, since the 1970's Manzana has been facing troubles from intense competition from the Golden Gate Casualty, as well as problems from an inefficient operating procedure leading to late issuance of policies, customer dissatisfaction, and defection of agents to other firms. Situational Analysis Recent complaints from agents about the turnaround time, percentage late figure and the poorly performing renewal business iterate the below average performance of the Fruitvale branch of Manzana. The following points were presented in the case. ? Around 76 independent agents represent Manzana at Fruitvale and dealt directly with the public. There was a difference in the commissions each agent received according to the policy request. ? Exhibit 1 gives an overview of the Operations flow across the four tasks that are performed for every policy request. O A RUN goes through all the four stages [Distribution, Underwriting, Rating and Writing] while a RAP and RERUN bypass the select and classify sub-stages...
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...In agriculture, the term ‘resource use efficiency’ may be broadly defined to include three allied concepts viz. technical efficiency, allocative efficiency and environmental efficiency (Haque, 2006: 64). Analytically, technical efficiency means maximising output for given input (at the level of production possibility frontier). Allocative efficiency implies that the usage of input is minimised. Environmental efficiency, which has nowadays acquired critical relevance, implies that the production process should be sustainable. It is possible that a production process is not sustainable over time. For instance, using more water than that is replenished can reduce the ground water level which can have an adverse impact on the cultivation of crops in the subsequent years. Or, inappropriate use of fertilisers can lead to salinity affecting the soil quality. With climate change, adverse implication could also be because of activities outside the production process. At any given time, for given prices, the allocative efficiency (AE) is the ratio of ‘marginal value of product per unit input’ to ‘marginal cost per unit input’ (i.e. AE = MVP/MC). AE is optimal at unity. The overall economic efficiency (EE) is a product of technical efficiency and allocative efficiency (EE = TE*AE). If the latter (i.e. AE) is unity, then economic efficiency is the same as technical efficiency, that is, one ensures maximum income at least cost (Fan,1999, Jha et al, 2000). Factor Combination and Resource...
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...Competition policy covers the different ways in the competition of national governments and also the EU seeks to make markets work better & achieve higher level of the economic efficiency and economic welfare. The competition policy focus on the discourage of competitive behavior. This wills covers in which the competition of the national governments & EU seek to the better work of the markets to achieve higher level of economic efficiency. The main expectation of competition policy is to make the market contribute to increase efficiency and competitiveness of the UK economy within the single market of EU. There are main objective – * Technological innovation * Protect and secure the standards of anti-competitive behavior. * Effective price competition between suppliers. The coco green company should follow these objectives to gain the UK market. Main Aims of Competition Policy Main aim of competition policy is to promote competition & make markets work better & contribute towards to increased efficiency & competitiveness of the UK economy. within the EU single market. Competition policy is aims to ensure: * Wider consumer choice in the markets for goods & services. * Technological innovation in which promotes gains in the dynamic efficiency. * Effective price competition between the suppliers. * Investigating allegations of the anti-competitive behaviour within the markets which might have negative effect on...
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...With the rising popularity of shared capitalism in the United States, it is worthwhile to analyze the effects this trend and the workplace theories that correspond to it. The purpose of the paper is to show not only how forms of shared capitalism in the workplace can increase overall employee compensation, but how several labor theories relate and support the outcomes of shared capitalism. More specifically, three theories will be extrapolated and the outcomes of shared capitalism will follow each theory. First, expectancy theory will be explained and followed by its correlation to motivation and increased compensation. Second, equity theory will be explained and followed by the results of ESOPs. Finally, an explanation of efficiency wage theory will be provided and followed by the outcome of pay on shirking. Expectancy theory hypothesizes that a person decides to act in a certain way due to their motivation to choose a certain behavior rather than another behavior because of what they expect the outcome of their chosen behavior will be. Hence, an individual will choose the behavior with the most desirable result. Expectancy theory is a type of pay-for-performance theory that focuses on the needs for institutions to reward employees based off of their performance and to ensure that those rewards are desired by the employees. The motivational force of the employee is theorized to be a function that is multiple of three factors: expectancy (the perceived link between effort...
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...‘The price mechanism can be relied upon to provide efficiency’ Discuss. The price mechanism is the phenomenon where the market forces of supply and demand interact to reach an equilibrium price and quantity such that the quantity demanded by the buyers is exactly equal to the quantity supplied by the sellers. In a free market economy, where there is no government intervention, the allocation of all resources happens through the price mechanism. Meaning that the price mechanism is what balances the production and consumption of goods. When the demand for a particular good increases, its price will increase since the increase in demand means that there is currently a shortage of the good in the market. The new higher rate works as an incentive for sellers to supply more of the good with the expectation of increasing their profits. However, the increase in supply will lead to a fall in the price, and the sellers will reduce the quantity of the good produced. Thus, the price will eventually be pushed back to the equilibrium market price. In contrast, should the demand for a particular product fall, then there will be an excess supply in the market for the specific commodity. The producers of the product will then be forced to reduce the market price to eliminate the surplus of the good. The new lower price will indicate to the sellers that they should produce less of the particular product since they can’t make as much profit as before by selling it. The fall in the supply...
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...[pic] TCS0303 ALGORITHM AND DATA STRUCTURE ASSIGNMENT 1 Due date: 8rd December 2014, by 5PM (assignment hardcopy) Weighting: Part of 10% of overall assessment. Environment: You are required to do this assignment in C++ environment. Assessment Your assignment will be assessed for the following: Correctness of the programs Sample test data/results/output or discussion of results No plagiarism Submission You are required to submit documentation in the form of printed copy of your codes and sample test data. Your submission should bind together with the assignment cover given at the end of this assignment question. Use GREEN colour paper as your Assignment 1 cover. Warning 1. To be done in individually. 2. Marks will be deducted for plagiarism and late submission. ASSIGNMENT QUESTION: Question 1 (50 marks) In linked list, an ordered collection of data in which each element contains the location of the next element or elements using pointers. You are required to build a singly linked list program in C++ programming: 1) Create a singly linked list that contains data of 2,15,8,24,63,77 and print out the output. (10 marks) 2) With the creation of the linked list data, delete the no 8, 24 and 77 and print out the output. (5 marks) 3) Add the no 10 ,25 and 30 in your list and print out the output. (5 marks) Question 2 5. You are required to write a C++...
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...story has its beginning, let us begin by the foundation. It seems to be that markets are driven by a simple rule « the rule of bid and ask ». After a bloody battle between classics and Keynesians, the little child has grown up to become what economists call «The Efficient Market». But as me you are wondering: is it so efficient? Not so much! A market is efficient if every relevant information is perfectly and at a time reflected on coted assets prices In fact, there are three versions of the efficient market hypothesis. In weak-form hypothesis futures prices cannot be forecasted by analyzing past trends from historical data. In other words, technical analysis will not be consistent and will not produce excess return. In semi-strong efficiency, share prices should adjust to the available new information very rapidly. Thus, it implies that neither fundamental nor technical analysis methods will be able to reliably produce interesting returns. Finally, the strong form of efficient market stipulates that share prices reflect all information, public and private. In this situation no excess return can be earned. In other words, we cannot beat the market. However, the real world is not as magnificent as the theoretical fairy tale. In fact, many barriers make the information (the insider effect) biased or not efficiently spread between actors of the market. Moreover, cost of acquiring...
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...How Europeans View Americans: Whether or not I agree with the author is based on my beliefs and experience with different economic factors. Although this article is opinionated of how the author shares different experiences from different Europeans frames (points of view) of the American society, we should all note that this is not the consensus for all Europeans. In reference to the matters that persuaded the United States to utilized their military might (September 11 2001), are only the actions of the current administered, which resulted in a ripple effect that cast judgment on all the American population. Although determined, the Bush administration left their allies on the sideline; where they felt obligated to respond and defend the homeland, which clearly displayed one difference in the U.S. and European view of security. In the summer of 2002 in an article Policy Review by Robert Kagan, he stated, “ It is time to stop pretending that Europeans and Americans share a common view of the world, or even that they occupy the same world” (Gordon, P. H, 2003). Cultures and generations have enforced and reinforced the values and belief systems that either population (American and European) have passed down from generation to generation to their children. Although Robert Kagan shared his views in the article, it is safe to say his perceived structure is not destiny, but should not be ignored. (Gordon, P.H. 2003). Apart from many other differences, which differentiate the...
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