...government have earned the confidence of the investors and an ambience of rapid industrial development has been created in the state. The chambers of commerce and industries, big industrial houses, foreign and domestic investors and even the die-hard critics of the Left have been appreciating the role of the state government and its policy framework. It needs to be mentioned that the process of industrial development of West Bengal has its own history. From the colonial days to the period prior to the country’s independence, the state occupied a pre-eminent position in the manufacturing, iron & steel, textile, jute, tea and other sectors. Its growth in the cottage & small scale sector was equally impressive in first decades in the post independence period. However, the development process had to face many problems in the years that followed for a variety of reasons. Among them the policies of the successive central governments like freight equalisation and manifest bias through licensing system were crucial. These, along with lack of policies of the then Congress government in the state, led to the sluggish industrial growth. The socio-political unrest from the 60s also negatively impacted on the investment climate of the state as well as engineered the flight of capital to other regions. The negative perception that had developed among the industrialists also hindered the process of the state’s industrial development. It also needs to be recognised that the western part of Bengal...
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...Comparative Studies of Industrial or Employment Relations Assignment 1 Trimester 3 2013 HRM 603: Comparative Studies of Industrial or Employment Relations Assignment 1 Trimester 3 2013 Name: Cagi Merelita ID no.: 2011001230 Table of Contents Introduction 1 The development & evolution of IR/ER system 2 The development & evolution of IR/ER system in the Fiji Island 3 The IR/ER system of Australia against that of the Fiji Islands 4 The emerging issues & recent trends in IR/ER in both nations 5 Considered key roles & responsibilities by the major actors in an IR/ER system in each country 6 Major actor’s roles & responsibilities that are considered most significant in an IR/ER context & why 8 Bibliography 9 Introduction Employment Relations are the employer and employee relationship, it also describes the relationship between workers and employers in business (Employer and Employee Relations, 2011). Employment Relations is important because it encourages motivation, it builds up the reputation of a worker and the business through the increase in number of potential customers, investors and staff, increase in productivity output, efficiency and profit levels (Employer and Employee Relations, 2011). With the changing industrial landscape in every country or nation, the growth of new townships/cities and the dispersal of activity, a process of ‘industrial culturalisation’ of workers...
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...Economics Available online at www.managementjournal.info RESEARCH ARTICLE Industrial Relations System as a Factor of Tripartite Consultation Influencing the Performance of State Corporations in Kenya Nzioki S*, Mukulu E Department of Human Resource Management, School of Human Resource Development, Jomo Kenyatta University of Agriculture and Technology (JKUAT), Kenya. *Corresponding Author: Email: sknzioki@yahoo.com Abstract The study sought to establish the effect of Industrial relations system in Kenya on the performance of state corporations. Methodology: Data was obtained through a descriptive design involving 279 employees both unionized and non-unionized of state corporations in Nairobi County. A structured questionnaire with likert scale questions was used to collect data from the selected subjects of the study. Interviews were also conducted with human resource managers/ employee relations officers, shop floor union officials, officers of the Ministry of Labour, officers of Federation of Kenya Employers (FKE), officers of Central Organizations of Trade Unions, Kenya. The study used the Dunlop’s systems model credited with the application of the systems approach to Industrial Relations (IR). The model explains the input acquisition, input transformation, output and feedback to explain the process of Kenyan Industrial Relations System. Finding: The study found that there existed a prescribed Industrial Relations System in Kenya, but its adherence had been faced with a lot of...
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...Madhya Pradesh the second largest Indian State covering 9.5% of the country's area is bestowed with rich natural resources, a gifted climate and fertile agro-climatic conditions. With a rich cultural heritage, an excellent quality of life, a flourishing industrial base, peaceful labour force, a progressive & investor friendly environment, Madhya Pradesh is a great place to set up new industries. M.P. is located in very heart of incredible India. It is like an industrial hub right in the epicenter of India's commercial activities. To go places, you need connectivity and this is the key to development. Connectivity is M.P.'s strength. The State has a near perfect equidistant link to India's metros and lies in close proximity to most markets. Many important railway tracks and highways pass through Madhya Pradesh. The State has about 70,000 Kms of road, over 6,000 Kms of railway lines, four airports, and 25 air strips with regular air services to airports, including private airline operations. It houses more than 1800 companies and 19 industrial growth centers, many of which are close to major cities thus making good social infrastructure accessible to industrial units. Nevertheless, the rates of prime land in the State are still among the lowest in the country. The cities of the State have attractive cityscapes, good infrastructure, world class shopping malls, scintillating golf courses, scenic resorts and status clubs besides a plethora of professional service providers...
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...Industrial/Organizational Psychology Pamela Groves PSY/435 January 7, 2012 Frank Del Grosso Jr. Industrial/Organizational Psychology The paper will examine the evolution of the field of industrial/organizational psychology, and how industrial/organizational psychology is different from other disciplines in psychology. Industrial/organization psychology can be used in organizations and it focuses on the employees performance and how to make it better. The report will include the role of research and statistics in I/O psychology. The evolution of I/O psychology started in the twentieth century. Industrial and organizational psychology states; “I/O psychology is a twentieth century invention, with roots in the late 1800s and early 1900s. It has existed almost from the beginning of the psychology field.” Experimental psychologists were interested in applying I/O work to organizations. The problems that were associated with I/O were job performance and efficiency in the work place. Hugo M’unsterburg and Water Dill Scott were the two psychologists that were the founders of the field (Spector, 2008). The first text book about I/O psychology was published in 1913 (Spector, 2008). I/O psychologists focus on more of the way tasks are done on a job, and give certain types of test to each person to find out which person is better for the job. I/O psychologist seems to be interested in picking what tasks can be improved on the job. There was a group of Psychologist who help boost...
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...there are still many arguments as if the approach of industrial policy has actually been successful in the process of economy transformation of developing countries. This section mainly focuses on an innovation-technology driven of industrial policy, which might be helpful in promoting skill upgrading, improving industrial growth and producing high quality exported products. Hence, innovation and technology are absolutely important for industrial policy and seen as...
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...United States and the creation of monopolies as well as reformation of government and accomplishments in the United States. The name “The Gilded Age” comes from Mark Twain when he referenced the fact that the period was polished and golden on the surface, yet unethical and foul underneath. Despite the appearance of prosperity, the era was marked by income inequalities and political corruption. Despite the corruption, consumerism, and capitalism that characterized the Gilded Age, it was also a formative period for new America, one in which an agriculture-based...
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...Introduction In the previous lesson you have learnt that companies raise long-term and medium-term finance by issuing shares and debentures. Specialised financial institutions are also an important source of such finance. In this lesson, we shall discuss the role and functions of specialised financial institutions. 20.2 Objectives After studying this lesson, you will be able to :- l explain the need for and importance of specialised financial institutions; l identify the types of such institutions; l describe the functions and objectives of Industrial Finance Corporation of India (IFCI) and State Financial Corporations (SFCs); l discuss the role and objectives of Industrial Development Bank of India (IDBI); l state the functions of IDBI; l Recall the meaning of ‘investment trust’; 56 :: Business Studies l discuss the objectives and function of Unit Trust of India (U.T.I.) ; l Explain the objectives of Industrial Credit and Investment Corporation of India (ICICI) ; l describe the functions of ICICI ; 20.3 Need for and importance of Specialised Financial Institutions (SFIs) SFIs are institutions set up mainly by the government for providing medium and long-term financial assistance to industry. As these institutions provide developmental finance, that is, finance for investment in fixed assets, they are also known as ‘development banks’ or ‘development financial institutions’. These institutions receive funds for their financing operations primarily from...
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...Collaboration Powers Industrial Internet of Things Brief 05. DIN Rail Industrial PC Interest Accelerates Industrial PCs and the IoT 06. Say Goodbye to Your Hard Drive Sponsored by Collaboration Powers Industrial Internet of Things From integration to deployment of the Industrial Internet of Things, Intel and Siemens are working together to help industrial companies harness new opportunities. By John Wilhite, Siemens Industry; and Shahram Mehraban, Intel T he number of connected devices that can share data is exploding, with estimates of 50-200 billion devices being connected to the Internet by 2020. Commonly referred to as the Internet of Things (IoT), this rapid proliferation of connected devices represents a transformative change for the industrial industry. The dramatic growth in connections, including those among new devices and legacy infrastructures, has also triggered an unprecedented spike in data volumes. That data represents untapped production efficiencies, competitive business insights, and new, brand-differentiating services—but only if the data can be effectively analyzed and its value unlocked. Intel and Siemens are helping companies realize the promise of this data by speeding IoT through innovative solutions that help connect, secure, manage and analyze devices and data. A key area in which Intel and Siemens are collaborating to deliver IoT for industry is industrial PCs. Intel processors power Siemens industrial TACTICAL BRIEF ...
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...America’s huge industrial growth during the period from 1860 to 1900? During the 1860s, the United States was a land of farming and small towns. Americans found it more profitable to make their lives on farming. Other European nations were much more industrialized and America was way behind. However forty years later, the United States had managed to become one of the greatest industrial nations in the world. Throughout 1860 to 1900s the U.S had managed to turn a land mainly based off of farming to an urbanized nation. There were two main factors that contributed to the industrial growth of the United States. For Instance improved transportation, new machines and immigration all contributed to the growth of the U.S. During the era of the industrial growth the United States made huge improvements in transportation. The U.S improved their railroad tracks in very big ways as the years went by. In document two it shows the upgrades the U.S made throughout the years. In the year 1870 the miles on the railroad track was 50,000. However by the year of 1890 the miles increased up too about 164,000. The expansion of the railroad promoted industrialization by providing a means for reliable transportation. In document three it states “…a railroad to the Pacific Ocean is imperatively demanded by the interest of the whole country”. This phrase states that a railroad to the Pacific Ocean will help with interstate commerce. This helped towards the industrial growth because...
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...The Industrial Revolution began in the second half of 18th century and had an everlasting effect on Europe, and the rest of the world. It caused major changes in agriculture, manufacturing, mining, transport and technology. Eventually, socioeconomic and cultural conditions began to change in Britain, which then spread throughout Europe, then eventually the world. These changes made Europe and the rest of the world more modern. Proof of this can be seen in more efficient trade & transport and mass production that were a product of Industrial Revolution. This essay will seek to demonstrate the most significant effect these two components had on modernity and how they shaped Europe, and the rest of the world. The time period covered by the Industrial Revolution varies according to Historians, but according to Eric Hobsbawm, it started in Britain in the 1780s and fulfilled its potential in the 1830s or 1840. Some important effects of these two components comprise of, but are not limited to include: technological and chemical innovations, improved trade, transportation and increase in wealth etc. Almost all aspects of daily life were influenced in some way by the Industrial Revolution; hence it marks a major turning point in human history. Industrial Revolution was an achievement of sustained economic growth that began the industrialization of the European economy. Growth did not reach a plateau in Britain as it did in other countries in Europe. Depressions and recessions...
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...Military Industrial Complex Catalina M. Young Archbishop Edward A. McCarthy Abstract The “Military Industrial Complex” is a term coined by former President Dwight D. Eisenhower. This refers to the relationship between the nation’s armed forces and the industries that support them. Though its name came about in the 1960s, this relationship between armed forces and private industry dates back centuries. Recent legislation has been passed to help limit the power that this relationship has over defense spending. For any country, military spending is a big part of the national budget. Over time this business transaction has formed into a relationship between the nation’s armed forces and these private defense industries. In his farewell speech, President Eisenhower warned the country of this relationship. He named this relationship as the “military industrial complex.” The military industrial complex (MIC) is commonly applied to the United States’ expenditure in comparison to other nations. The MIC is most often referred to when the cost of military spending comes under scrutiny. How the military industrial complex works is that private companies give money to politicians during elections. Following this politicians then support military projects that will further the interests of these private companies. Then the military buys goods from these companies. This relationship can lead to corruption in the government. This has been happening in the United States for centuries...
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...The military-industrial complex is generally defined as a "coalition consisting of the military and industrialists who profit by manufacturing arms and selling them to the government." Many have long advocated for effective air and ground power as an element in our military force structure. However, many have argued the necessity; simply because of the costs that will occur. This result in a prevalent hesitation and the thought that the military industrial complex is building weapons that the military does not want. However, a great majority of the American people recognize the importance of maintaining air and ground superiority; especially when the lives of our friends, family and loved-ones are at stake. With the building of weapons by the Military Industrial Complex, the nature of a battle will be unlike anything the world has ever known. This has been exhibited in Afghanistan with a glimpse of the latest generation of high-tech weaponry. A major assault by combined American forces provided a full demonstration of the military's new doctrine of faster, lighter, smarter warfare. Combat in which cutting-edge technology became U.S. troops' deadliest weapon. The Pentagon called this new doctrine RMA, for "revolution in military affairs". The need for new technology to fight today’s wars, is a necessity for the United States; especially considering that we are battling countries that thrive off force and death at any cost! In building its new high-tech arsenal...
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...Essay Industrial Revolution Elena Orlovskaya Industrial Revolution The economic history of the United States of America starts with the occurrence of industrialization, which, basically, meant switching from home production to plants and factories. The industrial revolution took place at the beginning of the XIXth century in most of the developed countries all over the world. Still it is considered more American phenomenon. This revolution changed the States so critically that I consider it to be the main factor that lead to the modern place of this country in the international environment. In my essay I will discuss some positive and negative aspects of the influence of industrialization on the United States. In my opinion the most constructive and crucial effect of the industrial revolution in America is change in people’s behavior. I believe labor is the only factor that is significant for development of any country. And the industrialization time in the States forced people to invent and implement everything they could imagine and construct in order to simplify the production process. There were very few scientists and specialists at that time in this country. So, every American had no other way to survive and earn money at that time and had to create, construct machines, build factories or work on factories. This changed the people’s psychology a lot. Till now, Americans consider new inventions, new machines and processes to be the only way for development of their...
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...Abstract The second U.S. Industrial Revolution had a great impact on American lives. This assignment will discuss two positive and two negative effects of industrialization in the United States. I will also discuss whether industrialization was beneficial or deter mental to the lives of Americans and the history of the United States. Industrialization in America The second Industrial Revolution was also known as the Technological Revolution and followed the first Industrial Revolution. France, Germany, and the United States were the main countries involved in the second revolution. Historians wanted an industrial system. This meant they needed a “set of arraignments or processes – whether of extraction, production, transportation, distribution, or finance – organized to make the whole industrial order function smoothly.” (Davidson, Stoff , DeLay, Heyman, & Lytle, 2011) To gain the industrial system they desired new technology needed to be invented. One of these inventions came in the form of communications. “In the early 1840’s newspapers were the form of communication” however it took too long for newspapers to reach people. From New York to Indiana, it took 10 days to get there and if by ship, it took three months to arrive in San Francisco. This was a great disadvantage for the new industrial order. Transportation had been greatly improved, but without communication, materials or goods needed would have to wait until the next...
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