...International Review of Management and Marketing Vol. 2, No. 1, 2012, pp.52-58 ISSN: 2146-4405 www.econjournals.com Human Resource Management Practices and Employees’ Satisfaction Towards Private Banking Sector in Bangladesh Md. Tofael Hossain Majumder Department of Accounting and Information Systems, Comilla University, Comilla, Bangladesh. Phone: +8801816436176. Email: tofael_cou@yahoo.com ABSTRACT: Dramatic advances of Information and Communication Technology (ICT), changing mix and personal values of the workforce, emergence of the knowledge economy and increasing global competition have created enormous challenges on organizations. To cope with the challenges efficiently, human resource has been considered as one of the most important factors in today’s hypercompetitive market place. The focus of this study is to gain an insight into the current HRM practices and its impact on employee’s satisfaction on the private banking sector in Bangladesh. For conducting this research, 100 bank employees are selected from the chosen banks and out of this 88 employees responses properly, the response rate is 88 percent. The questionnaire consists of different questions on nine HRM dimensions such as recruitment and selection systems, compensation package, job security, career growth, training and development, management style, job design and responsibilities, reward and motivation and working environment. The questionnaire was developed by using a five point Likert scale. In this study...
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...Riverside Behavior Center [pic] Memorandum To: Thomas Anderson, Director of Child and Adolescent Services CC: Kathy Nelson, Executive Programming Director From: Ericka Palmer, Psychiatric Technician Date: May 25, 2012 Subject: Progress Report for Proposal of Transitional Living Program ______________________________________________________________________________ Purpose Statement: In order to keep you informed and updated on the progress of the proposal for the transitional living program, I have outlined primary subject areas for your viewing. The preparing of the proposal is going well and is currently on schedule. For clarification the proposal is for a program for young adults. The program would service adolescents that have recently been discharged from residential care, between the ages of 18 and 28. The estimated timeline for the completion of this project is 3 years for full operations. The ground work on the program should begin by late November of this year. Estimated finance cost for this project will be about $3,000,000. This will cover the cost the hiring of future employees, real estate, renovations, furniture, food supply, and expenses for the first year. I also wanted to bring to your attention to the Resource Material area of this memo, it last several things that I will need from the company in order to complete the proposal. Work Completed: I been able to hand select the members of the leadership team. The team consisting of 10 members...
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...Edwin, Xu Online Consumer Behavior As online shopping becomes a major trend in the recent 20 years and with the better technology, there are a lot of people especially the young generation tend to prefer shopping online rather than walking from one local store to another. Even though we know the internet activity will keep growing and will bring us so many advantages such as time saving, price selection, more choices of products/services and so on; however, there are some main issues and concerns we have to deal when it comes to online shopping. Signage inconsistency is one of issues online. It usually happens when a consumer saw an ad on a retailer’s website, and he has been told on the ad to come down to local branch for more advantages or bonus. When the consumer actually got to the place mentioned on the ad, he just could not be sure if he is in the right place, because there are either no signs or anything that really watches the ad he saw online. So, it provides inconveniences to the consumer, and chances are the consumers might end up paying more money than shopping online. According to Paco Underhill, the consumer culture behind “Why We Buy” discussed all kinds of frustrations people have in “interview with the WSJ Digits blog”. The one he talked about is the price inconsistency. He just wonders why in the world online merchants are trying to sell the same product in retail stores for one price but yet another different price on their web. Is it because those online...
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...keys to open and close the box. In this situation “public” refers to the same key used for other safety deposit boxes within the bank. While the renter has the private key that is also necessary to open and close the box. Asymmetric encryption is useful because it allows for digital signatures which allow the person who is receiving a message to verify that a message is truly from a particular sender and to detect if the message has been altered (Ezeobika, 2010). Lastly, asymmetric encryption allows for accountability because once a message has been digitally signed the sender cannot deny having sent it (Ezeobika, 2010). Agrawal, M., & Mishra, P. (2012, May). A comparitive survey on symmetric key encryption techniques. International Jounal on Computer Science and Engineering, 4(5), 877-882. Brown, L. (1996, May 22). Hashing Functions. Retrieved October 30, 2013, from Security Notes, Lectures: http://williamstallings.com/Extras/Security-Notes/lectures/authent.html Ezeobika, C. (2010, July 2). Advantages and Disadvantages of Symmetric and Asymmetric Key Encryption Methods. Retrieved October 29, 2013, from Yahoo...
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...The National Association of Social Workers (NASW) has established a code of ethics to help guide and direct professional behavior. Human services workers will face dilemmas all throughout their career and having this code of ethics will help them in the resolution. One issue that can become a dilemma for a social worker might be when client consent is not required to breach confidentiality. According to Ward (2002), ‘If the client is determined to be actively suicidal, a social worker must intervene, with or without the client’s consent” (p. 43). There will be cases where the confidentiality must be broken in order to best serve all involved. To resolve complex issues one should take into consideration the standards and principles in the code of ethics that are relevant to the situation. The principles are: service, social justice, dignity and worth of the person, importance of human relationship, integrity, and competence (Manning, 2003, p. 280). The standard for social workers is the ethical responsibilities to: clients, colleagues, being professional, the social work profession, and to the broader society (Manning, 2003, p. 282). This specific dilemma could be guided by the code of ethics when the general expectation of social workers to keep information confidential does not apply to prevent serious harm to a client or another person. The NASW code of ethics is effective for the social worker in this issue because it explains privacy and confidentiality in detail and has...
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...ASSIGNMENT 1: REFLECTIVE JOUNAL MY APPROACH TO WRITING by October 14, 2013 English 115 My goals for this course are; to learn how to write, read, and speak clearly as a college student. As a college student, I will be expected to do some assignment, project work, group work, presentation and examination. To write as a professional. However, must employer will want to employed people that can read, write and speak clearly. Also to speak as a citizen. Sometime I may like to express myself to the people or to discuss my ideas. And also to writ as a family member or as a friend. Moreover apart from academic writing, I will also need to write about my personal life or to my love once. In writing about my university career, and professional and personal life, these are what I’m expected. I’ m expected to know the purpose of my writing. Because everything has a purpose. To find a theme. To make an outline about what I want to talk about. Also to summarize my goals. I need to discuss briefly about my degree programmed and why I study it, to describe my goals in details. Also to create a powerful conclusion. Because the first and the last paragraph are the most important thing because they are remember. Also get a feedback. Therefore having a family or a friend read over my statement and ask for suggestions or advice. In writing an academic paper, these are how I will set my goals. First, the audience. The audience are...
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...Abstract Introduction Assissted reproduction technology (ART) can be defined as a technique that bypasses intercourse in order to follow biological pathways and manipulation of such pathways leading to pregnancy and the birth of healthy offspring(Velazquez, 2008). ART in humans has been used most effectively since the 1980’s fist concentrating on male human semen and understanding the estrous cycle of females of the same species, before long farm animal stocks were looked at. The ability to manipulate the breeding of certain genetic traits was seen as industrious, making pigs bigger, cows that produce more milk, chickens that laid more eggs and so forth.(Foote, 2002) Antonie van Leeuwenhoek and his assistant Hann were the first to discover sperm in 1678, they named them animalcules due to the sperms animated appearance and small size. Little was it known then the research and industrial and natural impact this discovery would have (REF). The first recorded western insemination was recorded in 1784 by a priest named Spallanzani who whelped 3 puppies from a dog. Much work was being done across Asia but due to lack of linguistic knowledge much of this work was unknown until a translation and review was made in 1958. By this time ART was a rapidly growing technique in the subject of this report dairy cattle(Foote, 2002). Techniques The first step is collection of semen from the male bulls. Semen is collected at a temperature between 42-45c and maintained in a water bath...
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...Differences in competencies between nurses prepared at the associate degree level versus the baccalaureate degree level in nursing. Pioneers in nursing has been in debate for bringing up the standards in nursing. In the olden times the nursing was started as handing over a tradition to the next generation by word of the mouth. Then it became a formal training at the hospital ( hospital based) As years went by and more people are attracted to nursing profession, and the education. As nurses became plenty the leaders looked in to specializing and making nurses the expert in a specified field of their interest. The leaders wanted to improve the image of nursing , also improve the care provided to the patients. And the nursing community realized that nurses needs a college based education which includes associate, baccalaureate degree and master’s degree. As defined by ANA nursing is the protection, promotion, and optimization of health and abilities, prevention of illness and injury, alleviation of suffering through the diagnosis and treatment human response, and advocacy in the care of individuals, families, communities, and populations. In order to assist a patient, to get better the nurse needs to use her reasoning power, her critical thinking and her clinical judgment. This will help the nurse to know why the patient is in that situation and the approach need to improve the situation clinically. Difference in competencies: Diploma Nursing. This branch of nursing...
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...Article summary for Tom Kennedy and John Affleck-Graves on The Impact of Activity-Based Costing Techniques on Firms Performance Janetha Brown This article discusses how a management accounting system like activity-based costing (ABC) may or may not have a significant impact on a firm’s value. With the samples that are shown, it is proven that the companies that use an ABC technique outperform other companies that don’t use an ABC technique by 27% over a three year period. It also shows that using an ABC technique will add value to the firm through better cost control and asset utilization. Because it had never really been proven that an ABC process really does bring an increase in shareholder value through increased profits, it is being reviewed here. The primary purpose of this article is to see if the many documented successful case study implementations of ABC are, on average, translated into superior stuck performance. (Kennedy and Affleck-Graves, 2001, p. 20) A sample of firms that do adopt ABC and some that don’t is gathered to do a comparison of the two. Comparing the ABC adopted firms to its counterparts for three years, it is revealed they have a 61% return for the ABC adopting firms compared to 34% return for the non-adopting firms which is a 5% difference. Other factors could play a role in the superior performance but when comparing other factors between the companies, nothing significant is found to stand out. The next section discusses several difference cases...
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...E2-7 A. 6 Matching B. 5 Historical Cost C. 7 Full Disclosure D. 2 Going Concern E. 11 Conservatism F. 1 Economic Entity G. 4 Periodicity H. 10 Industry I. 9 Materiality J. 3 Monetary Unit E2-8 A. (Principle) Historical Cost B. ? C. (Principle) Full Disclosure D. (Principle) Matching E. Materiality F. Industry G. (Assumption) Economic Entity H. (Principle) Full Disclosure I. (Principle) Revenue Recognition J. (Principle) Full Disclosure K. (Principle) Matching L. (Assumption) Economic Entity M. (Assumption) Periodicity N. (Principle) Matching O. Materiality P. (Principle) Historical Q. Conservatism R. (Principle) Matching E3-1 Apr. 2 Cash 32,000 Equipment 14,000 Beverly Crusher, Capital 46,000 2 Secretary has not been paid yet, would reflect at a later date.(Apr.30) Apr. 3 Supplies 700 Accounts Payable 700 Apr. 7 Rent Expense 600 Cash 600 Apr. 11 Accounts Receivable 1,100 Service Revenue 1,100 Apr. 12 Cash 3,200 Consultation (non-service) 3,200 Apr. 17 Cash 2,300 Service Revenue 2,300 Apr. 21 Insurance Expense 110 Cash 110 Apr. 30 Salaries Expense 1,160 Cash 1,160 30 Supplies Expense 120 Supplies 120 30 Equipment 6,100 ------------------------------------------------- Beverly Crusher, Capital 6...
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...IFRS and GAAP Shannon Strickland ACC 290 November 10, 2014 Annette Anigwe IFRS and GAAP Accounting around the world could be considered the same but different. The United States generally falls under GAAP (Generally Accepted Accounting Practices) most other countries use the IFRS (International Financial Reporting Standards). While at their basic fundamentals both are still accounting, there are differences that must be adhered to in order for the accounting practices to work as they should. In what ways does the format of a statement of financial or position under IFRS often differ from a balance sheet presented under GAAP? IFRS does not mandate a specific order or classification of accounts on the statement of financial position. In most cases, companies report assets in reverse order of liquidity. GAAP specifically requires that all accounts be ordered based on degree of liquidity. Cash is usually reported first and non-current assets will be last. Do the IFRS and GAAP conceptual frameworks differ in terms of the objective of financial reporting? Explain. No. Both maintain similar viewpoints. Both agree that financial reporting data should be relevant and faithfully represented. Information that is relevant and faithfully reported is useful to investors, creditors, and regulators regardless of which practice is used. What terms commonly used under IFRS are synonymous with common stock and balance sheet? The balance sheet is the same as the Statement...
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...March 17 - Received order for the remaining half of goods March 21 - Delivered goods, cash received Rs.3,800 March 31 - Paid wages Rs.300 2. Make necessary entries in the journals of sudhir in respect of the following transactions : 2010 June 1: Sudhir commenced business with Rs. 50000, out of which Rs 30000 were his own Rs. 20000 were borrowed by him from his brother Sushil. June 7: purchased goods for Rs.20000, out of which goods of the value of Rs.3000 were destroyed by fire but loss amounted Rs.25000 only . The insurance company accepted this claim but paid for it on June 10 . June 15 received from Mahesh an order for Rs.3000. June 18 Sudhir asks his supplier Ram to send goods to Mahesh according to the order . 3. Pass the jounal entries for the following transactions in the books of Kamla of Jaipur: 2010 Jan .1 Purchased goods for cash at 20% trade discount and 5 % cash discount from suresh, the list price of which is Rs 20000. June .5 Purchased goods from Mahesh at 20% trade discount, list price of these goods is Rs. 8000. Jan.6 returned goods to Mahesh as thsese were defective, list price of theses goods is Rs 700 Jan 10 Withdrew goods of Rs. 200 for personal use. Jan. 12 Sold goods to Dinesh for cash , the list price of these goods is Rs. 2000. Trade Discount 5% and cash discount 1% are allowed to him Jan 21 Sold goods, whose list price is Rs. 5000, to Mohan at % trade discount and 1 cash discount. He paid 60% price in cash. Jan 31 Purchased...
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...When a company makes a strategic decision it is important to evaluate the impact of the ethical consequences toward the company and the stakeholders. Often a company will make a strategic plan based on profit; however, social responsibility looks outside of profits and determines the effects on all stakeholders including customers, environment, and society. In addition, the strategic decision should also be based on the code of ethics set forth by the organization. Furthermore, when determining the development of a strategic plan, the organization may either use the views of Milton Friedman or Archie Carroll (Wheelen, 2010). Two Views of Social Responsibility Milton Friedman and Archie Carroll have two opposing opinions of social responsibility. Both opinions evaluate the effect a company invests in the environment or society to the effect of the shareholders dividends and investments. Milton Freidman suggests that the main view of the organization is to make money for the organization’s shareholders. Freidman views by investing in trivial projects that helps the environment and society, the company is taking away money owed to its shareholders. In addition, Freidman argues by not investing in society responsibility, the company can keep the prices on its products and services to a minimum which will result in more business transactions. Archie Carroll’s view is the opposite. Carroll suggests when an organization invests in society responsibility it will build a positive...
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...Predictive Policing Anthony Smith-Ranson Strayer University Information Systems for Decision Making CIS 500 Dr. Brain Kraus July 15, 2012 Compare and contrast the application of information technology (IT) to optimize police departments’ performance to reduce crime versus random patrols of the streets. A promising new technology with the purpose of analyzing and predict crime tends before it occur. COMPSTAT is allowing police agencies to adopt innovative technologies and problem-solving techniques while empowering traditional police organizational structures. Some participants questioned whether predictive policing was, in fact, a new model. Many police department argued that good crime analysts have been practicing predictive policing for more than 40 years. (Pearsall, B. 2010 May) SINCE THE EARLY 1990s, New York City has experienced the deepest and most prolonged crime drop in recorded history. In 1994, Police Commissioner William Bratton introduced a data-driven management model in the New York City Police Department called COMPSTAT. COMPSTAT, short for computer statistics, or comparative statistics, is a strategic management philosophy used by police to approach crime reduction. COMPSTAT was created by the New York City Police Department to better deal with crime at the precinct level, based on what types and frequencies of crimes were actually happening on a regular basis. It is not a computer system or software package, but rather an organizational management...
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...Surviving in a dynamic, hostile and dangerous business environment requires the adoption of a wide range of strategies and techniques. As such small and medium scale business in Zimbabwe and many parts of the world find themselves in an environment that is not only unpredictable but also quite harsh and highly dynamic (Mhike,2014)These businesses organizations can be likened to animals living in a jungle where only the strongest can survive. The business or organisation in this case represents a system which is open to and interacts with its environments. Open systems have four specific characteristic which make appropriate for these business .The first is the interchange between the system and its environment, secondly an open system is made up of a range of variables and a complex network of interrelationships. Thirdly for control the open system use anticipatory management which involves the anticipation of errors and problems before they come (Laszlo,1996). Fourthly, open systems are flexible and dynamic in nature for they move away from prescribed and rigid standards This paper seeks to explain how the chameleon model strategy as proposed by biologist Ludwig von Bertalanffy in the 1940s, and furthered by Ross Ashby (1956) is, relevant and appropriate in the survival of organizations in an ever-changing environment. The model was developed following the logic of the system theory. A system view considers an organisation as a set of interacting functions that acquire inputs...
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