...Content 1.0 Introduction 2 2.0 Literature Review 3 2.1 Introduction 3 2.2 Reward 3 2.2.1 Designing a Reward Program 3 2.2.2 Types of Reward Programs 4 2.2.3 Journal 9 4.0 Methodology 13 5.0 Findings 14 6.0 Discussion 20 7.0 Limitation 22 8.0 Recommendation 24 9.0 Conclusion 28 References 29 Appendix 31 1.0 Introduction Understanding what motivates people is necessary at all levels of management. Deci, E., Koestner, R. & Ryan, R.M. (1999) had said that motivation is generally linked to reward, and it is widely recognized that reward management is central to the regulation of the employment relationship. The reward system varies from organization to organization, and comes in various and concrete forms, including monetary or non-monetary, tangible or intangible, and physical or psychological, and these are offered to the employees as compensation for the productive work they execute. According to Jean Christofferson and Bob King (WorldatWork-2006), an effective reward system can serve the strategic purposes of attracting, motivating, and retaining employees to achieve organizational goals. A formalized corporate reward system is necessary because it appeals to capable and skilled employees to fill the available positions in a specific organization. Additionally, such method helps retain employees in the organization, hence maintaining a stable workforce with an acceptable turnover rate. Lastly, an efficient reward system also motivates...
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...Structure The Nestlé Creating Shared Value Strategy Engaging Our Stakeholders Governance Summary of Key Performance Data Our Respect and Care for the Community Our Commitment to the Environment Our People and the Workplace Our Consumers and the Marketplace Awards & Achievements GRI Standard Disclosures COVER: One of Nestlé Malaysia’s key successful rural development programmes has been its contract farming initiatives, where farmers are actively engaged to be part of the Nestlé supply chain. In February 2012, the Nestlé Paddy Club was introduced with the aim of increasing field productivity and lowering production costs, whilst reducing rice-farming’s environmental footprint, as well as enhancing overall farming safety aspects at the contract farms in Kedah. Nestlé (Malaysia) Berhad 110925-W 16 1 Our Respect and Care for the Community 46 Our People and the Workplace 20 Our Commitment to the Environment At Nestlé, we believe that in order to create long-term value for our shareholders, we have to create value for society, subscribing to the view that corporate success and social development go hand in hand. 58 Our Consumers and the Marketplace 2 Nestlé (Malaysia) Berhad 110925-W Message to Stakeholders Creating Shared Value (CSV) is at the core of our business. That is how our company started off, with our founder, Henri Nestlé, a Swiss pharmacist who developed the world’s first milk food for infants in an effort to save his neighbour’s...
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...Internship Report ZARAI TARAQIATI BANK LIMITED Bahawalpur Branch Submitted by Jawwad Hassan Jaskani Roll No 12 MBA (M1) 3.5 Years Session 2011-2015 Department of Management Sciences i Topic Branch Operations ACKNOWLEDGEMENT I have great sense of gratitude for the most Beneficent andMerciful Allah who has always helped me in all matters of life .Itried but He rewarded me more than the tried.I have deep feelings for whole of my family, in general, and formy Father, my Mother and my elder brother, in particular .Theyhave always soothed me, elevated me and their words and du’ahas floated me in the deep seas of troubles. All of my successesare due to the prayers of my family.I am thankful to all of my teachers and my class fellows andfriends whom cheerfulness and guidance is an asset for me .I amespecially thankful to the bank staff who has given meopportunity to get precious practical knowledge and also for theirguidance during my internship. Without the help of all these I wasnot able to complete this report First of all I’m grateful to Allah the Almighty, Who bestowed me with health, abilities and guidance to complete the project in a successful manner, and without His help I was unable to write this report. More than anybody else, I would like to acknowledge my teachers without their support and untiring efforts it was difficult for me to complete this report. They were always there to guide me whenever I felt stuck off and their encouragement...
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...inability to change. Further to support the diversification Singer strategically entered into the manufacture of consumer durables thus ensuring a stable supply of products at a lower cost. Regnis (Lanka) PLC was incorporated to manufacture refrigerators, Television assembly was commenced at Singer Industries (Ceylon) PLC and a new factory in Piliyandala was constructed to manufacture furniture. With the evolvement of easy payment schemes and Hire Purchase payment systems for consumer durables the Company further took a decision to form a finance company Singer Finance Lanka Ltd. Today Singer Sri Lanka is a conglomerate with revenue in excess of Rs 11 billion and a market capitalisation of Rs 4.6 bn. It has won several awards in the business arena which include the following awarded by SLIM • People’s best brand • People’s durable brand • People’s youth brand 2 Vision, Mission and Objectives of the Organisation 2.1 Vision To be the foremost appliance retailer in Asia Pacific. 2.2 Mission To improve quality of life by providing comforts and conveniences at fair prices. 2.3 Objectives...
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...Review of Warehouse Receipt System and Inventory Credit Initiatives in Eastern & Southern Africa Final report commissioned by UNCTAD under the All ACP Agricultural Commodities Programme (AAACP) *The views expressed in this paper are those of the author and do not necessarily reflect the views of the United Nations September 2009 CONTENTS CONTENTS ............................................................................................................................................. i ACKNOWLEDGEMENT .....................................................................................................................iii GLOSSARY OF ABBREVIATIONS .................................................................................................. iv GLOSSARY OF ABBREVIATIONS .................................................................................................. iv SUMMARY ............................................................................................................................................ 1 Introduction ....................................................................................................................... 1 Observations on the different approaches ......................................................................... 1 Policy conclusions and recommendations ........................................................................ 3 Specific proposals .....................................................................
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...CAPITAL FINANCE IN HDFC BANK (MSME)” A summer internship project submitted in partial fulfilment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION By BIPIN CHANDU M Register No 1220310 Under the guidance of PROF. KRISHNA M C Institute of Management Christ University, Bangalore MBA 2012-2014 DECLARATION I, , do hereby declare that the summer internship project entitled Credit Appraisal Process on Working Capital Finance at HDFC Bank (MSME) has been undertaken by me for the award of the degree of Master of Business Administration. I have completed this study under the guidance of Prof. Krishna M, Professor of Finance, Institute of Management, Christ University, Bangalore. I also declare that this project work has not been submitted for the award of any degree, diploma, associate ship or fellowship or any other title in this University or any other university Place: Bangalore Date: (Name & Signature of the Candidate) Bipin Chandu M Register No 1220310 CERTIFICATE This is to certify that the summer internship project submitted by Mr Bipin Chandu M on the title “Credit Appraisal Process on Working Capital Finance at HDFC Bank (MSME)” is a record of research work done by him during the academic year 2012 – 14 under my guidance and supervision in partial fulfilment of Master of Business Administration. This project work has not been submitted for the award of any degree, diploma, associate ship or fellowship or any other title in this University...
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...timely and evaluate,and distribute accurate information to marketing decision makers to improve their marketing planning, implementation, and control * Interacts with information users to assess information * Develops needed information from internal and external sources * Helps users analyze information for marketing decisions * Distributes the marketing information ATTRIBUTES OF MKIS: MKIS should be a cross between what managers think they need, what they really need, and what is economically feasible. * Relevance to decision making * Reliability (genuine sources) * Clarity * Precision * Timeliness * Strategic value * Accuracy * Completeness * Authenticity COMPONENTS OF MKIS: The marketing information systems and its subsystems Figure illustrates the major components of an MIS, the environmental factors monitored by the system and the types of marketing decision which the MIS seeks to underpin. The explanation of this model of an MIS begins with a description of each of its four main constituent parts: * Internal Report System * Marketing Intelligence Systems * Marketing Decision Support System (DSS) * Marketing Research System and Models Internal reporting systems: All enterprises which...
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...Business Environment 2012 Business Environment 2012 ICBT City Campus Insaf Ismail Batch 40 ICBT City Campus ICBT City Campus Insaf Ismail Batch 40 ICBT City Campus Acknowledgement I would like to thank Mr. Anurugdha yapa for imparting great knowledge, assisting & believing in us & giving us a hand on experience & opportunity in making this assignment a success. Your guidance gave us the strength to get through many a trial in completing this assignment successfully. My endless thanks conveyed to our parents for extending their continuous encouragement & generous support. We are also grateful to them for showing us the correct path in making a wise choice in life to pursue studies at a prestigious institution. Further gratitude is extended to ICBT, All the other lecturers & Staff members, Lab Assistance & Library Staff for their assistance extended towards completing our assignment successfully. Last but not least, we would like to thank all our colleagues who have supported us in numerous ways. I take this opportunity to appreciate their endeavor to help us out with their knowledge & advices amidst their heavy work load. Executive summary The objective of this Business Environment assignment is to provide an efficient decision in understanding organizations internal and external environments. This assignment has three main tasks which has been answered efficiently and stylishly to achieve the three pass criteria’s. This report...
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...addition, the revised strategy provides direction on the resolution of important issues that Prime Minister Abe has promised to tackle at Davos Meeting in January, including further corporate tax reform, easing regulations in National Strategic Special Zones, forward-looking reform of GPIF's management and the advancement of women's roles in society. Approval of 30 bills related to the Growth Strategy Some 30 bills related to the Growth Strategy were approved during the ordinary diet session up to June 2014, including a bill for partial revision of the Electricity Business Act to liberalize the retail electricity sector, a bill for the establishment of a new agency to strategically manage R&D activities in medical and related areas, a bill for partial revision of the Employment Insurance Act to develop childcare leave benefits, and a bill for partial revision of the Companies Act to promote the appointment of external directors to improve corporate governance. 4 Overview of the Revision of...
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... increasing farmer revenue in order to reduce poverty by growing a right rice’s strain that give highest return. It mainly centers on premium rice, which is Jasmine rice. Describing constraint of Jasmine rice is provided in paper. Besides, this paper will discuss the effect of Thailand competitiveness, the effect of poverty, problem related to Jasmine rice, government role to tackle the rice problem and direct the way to sustain healthy competitive environment. The Future Direction of Rice Producer: Jasmine Rice, A Key factor...
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...EFFECTS OF CLIMATE CHANGE ON THE ECONOMIC DEVELOPMENT OF VIET NAM Literature Review 3 I. General 3 1. Geographical location & Vietnam’s climate 3 a. Geographical location 3 b. Climate 3 2. Effects of geographical & climate on Vietnam’s economy: 6 a. Effects of geographical location to Vietnam’s economy: 6 II. Definition, causes and actual situation of Viet Nam under climate change 7 1. Definition of climate change 8 2. Causes of climate change: 8 a. Natural causes 8 b. Human causes 9 c. Greenhouse gases and their sources 9 3. Actual situation in Vietnam: 12 III. Impact of Climate change on Viet Nam economy 14 1. Impact of Climate change on economy in general: 14 2. Climate change directly affects every economic sector 15 a. Impacts of climate change on agriculture, forestry and fisheries 15 b. Impact of climate change on industry sector 20 c. .Impacts of climate change on tourism sector 20 d. Impacts of climate change in components of the economy. 22 IV. Policies to deal with problems caused by climate change 26 1. Opportunities 26 2. Meeting the Challenges of Climate Change 26 The Three Approaches in Brief: 27 References 35 Literature Review There are many studies that have examined the effects of climate change on Vietnam’s economy. The majority of findings stated that climate change have negative impacts on Vietnam’s economy and suggest possible adaptation or mitigation measures to lessen the adverse impacts. The economies of some countries...
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...A Chronicle of Last Three Years: Building the Future Budget Speech 2012-13 Abul Maal Abdul Muhith Minister Ministry of Finance Government of People’s Republic of Bangladesh Dhaka 24 Jaisthya 1419 7 June 2012 Contents Issues Permission Page 1 Chapter I: Introduction and Background Tribute, Acknowledgement, The Vision, Budget: A 1-4 Tool for Realising the Vision Chapter II: Macroeconomy and Global Perspective Global Perspective, Growth, External Sector, Remittance and Manpower Export, Current Account, 5-7 Foreign Exchange Reserve and Exchange Rate, Inflation, Monetary Policy Chapter III: Budget for FY 2011-12: Problems and Corrections Revised Revenue Targets, Revised Expenditure Targets, Budget Deficit, Revised ADP, Recent Economic Scenario, Economic Strategies Chapter IV: FY2011-12 Budget Structure Assumptions: Global Economy, Monetary and Fiscal Space, Sustained Growth in Agriculture, Private Sector Investment, Revenue Mobilisation, Inflation Structure: Estimates of Revenue Income, Estimates of Expenditure, Budget Deficit and Financing, Annual Development Programme, Overall Expenditure Structure Chapter V: Reform Programmes Public Financial Management: Medium Term Budget Framework, Multi-module Database (iBAS), Reforms in Expenditure Management, ADP Implementation, New Budget Classification Structure and District Budget, Information Technology in the Public Financial Management, Strengthening Audit Ensuring Private Participation in the Infrastructure Sector: Public-Private...
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...Submitted by Name Nahid Rijwan Roll 3-09-17-033 CONTENTS Topic CHAPTER – 1 About British American Tobacco Bangladesh Business Principles of BAT, Bangladesh Standards of Business Conduct of BAT, Bangladesh: CHAPTER – 2 Corporate Governance Statement Board of Directors of BAT Bangladesh and Their Roles Relationship with Shareholders Accountability and Audit Compliance with Legal Requirements Employees Standards of Business Conduct CHAPTER -3 Corporate Social Responsibility Statement Probaho Socially Responsible Tobacco Production (SRTP) Deepto Afforestation CHAPTER - 4 Auditor’s Report to The Shareholders 16 12 12 13 14 15 6 7 9 10 10 10 11 1 2 3 Page CHAPTER - 5 Comparative Analysis of Bat Bangladesh’s Corporate Governance Compliance Status of compliance with the Provisions Denoted in the Code of Corporate Governance for Bangladesh, March 2004 Status of compliance with the Conditions Imposed by the Securities & Exchange Commission's Notification 21 19 18 REFERENCES 23 ANNEXURE - I 24 CHAPTER – 1 About British American Tobacco Bangladesh: British American Tobacco Bangladesh is one of the largest multinational companies in the country and has been operating for over 100 years. There are over 1,000 employees and take pride in being one of the preferred employers in Bangladesh. Responsibility to the shareholders, employees, business partners, customers and any other...
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...Transactional Leadership * Transformational Leadership * The Quiet Leader * Servant Leadership Charismatic Leadership Disciplines > Leadership > Leadership styles > Charismatic Leadership Assumptions | Style | Discussion | See also Assumptions Charm and grace are all that is needed to create followers. Self-belief is a fundamental need of leaders. People follow others that they personally admire. Style The Charismatic Leader gathers followers through dint of personality and charm, rather than any form of external power or authority. The searchlight of attention It is interesting to watch a Charismatic Leader 'working the room' as they move from person to person. They pay much attention to the person they are talking to at any one moment, making that person feel like they are, for that time, the most important person in the world. Charismatic Leaders pay a great deal of attention in scanning and reading their environment, and are good at picking up the moods and concerns of both individuals and larger audiences. They then will hone their actions and words to suit the situation. Pulling all of the strings Charismatic Leaders use a wide range of methods to manage their image and, if they are not naturally charismatic, may practice assiduously at developing their skills. They may engender trust through visible self-sacrifice and taking personal risks...
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...structure that provides fair return on financial assets, supports growth in the real sector and promotes development of markets in bond and securities. The central bank provides precise prudential regulatory, risk management and disclosure framework to protect solvency and liquidity of individual institutions and stability of the overall financial system, acting as lender of last resort if and when needed. The central bank maintains liquidity conditions and credit policies ensuring adequate credit flows at market driven flexible interest rates for all productive economic activities, including in sectors like agriculture, SME, and where markets have not been very responsive. Bangladesh Bank fosters macroeconomic stability through monetary and external sector management. The bank promotes and supports development of new financial products, services and instruments. It maintains a secure and quick payment system for settlement of claims. Because of the scarcity...
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