DECISION MAKING
Decision-making is an integral part of modern management. Essentially, Rational or sound decision-making is taken as a primary function of…
2 min read
Author: admin
WORKER’S PARTICIPATION IN MANAGEMENT
Worker’s participation in management is an integral aspect of industrial democracy. It is based on the Human Relations approach to…
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SELECTION PROCESS
The selection process can be defined as the process of selection and shortlisting of the right candidates with the necessary…
3 min read
REWARD SYSTEM
Reward System A reward can be anything that attracts an employee’s attention and stimulate him to work. An incentive scheme…
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RELATIONSHIP WITH TRADE UNION
COLLECTIVE BARGAINING is a process of discussion and negotiation between employers and workers regarding terms of employment and working conditions.…
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PERFORMANCE APPRAISAL
Performance appraisal is a systematic and objective process used to evaluate the relative worth and ability of an employee in…
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LEGAL REQUIREMENTS AND REGULATIONS OF WORKING CONDITIONS
India has a large number of legislations, roughly 150 both at the central and the State levels, earning the country…
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Employer’s liabilities for health and safety
Every organization should formulate and implement safety policy. It depends on the size of the unit/company, the number of plants…
3 min read
VARIOUS CLAUSES AND THEIR INTERPRETATION
Bunker clause A bunker clause stipulates that the charterer shall accept and pay for all fuel oil in the vessel’s bunkers at…
1 min read
MEANING OF CHARTER , TYPES OF CHARTER & RELEVANCE TO TRADE(MARINE NOTES)
Chartering is an activity within the shipping industry where a ship is on ‘hire or lease’ on mutually agreed terms and…
5 min read