Human Resource Management (HRM) is a relatively new approach to managing people in any organisation. People are considered the key resource in this approach. it is concerned with the people dimension in management of an organisation. Since an organisation is a body of people, their acquisition, development of skills, motivation for higher levels of attainments, as well as ensuring maintenance o…
This guide, and the tools and templates available from www.disasterresilience.comwill support your planning processes and strengthen your resilience. Using familiar software (Microsoft Word, Access,Excel and PowerPoint), we focus on quality processes within a risk management framework. These approaches serve as best practice models. They should not be used as "templates for duplication"with glo…
Every Scientific research should commence with the writing of a research proposal even if this is not officially required. It will focus your thought and give your research direction. Writing the research proposal is the most difficult but most important aspect of conducting the research. Often times, students who fail to prepare a good research proposal fail to produce quality resear…
To quote the words of Jankowicz (2005, p. 161): “…the work that you do is not done in a vacuum, but builds on the ideas of other people who have studied the field before you. This requires you describe what has been published, and to marshal the information in a relevant and critical way” Whatever the objective(s) of a research may be, its significance is invariably judged in relati…
A public-finance approach yields several insights. Among the most important is the recognition that fiscal and monetary policies are linked through the government sector’s budget constraint. Variations in the inflation rate can have implications for the fiscal authority’s decisions about expenditures and taxes, and, conversely, decisions by the fiscal authority can have implications for mon…
Two very different groups of people are always at work making decisions concerning spending, saving, and investment that affect each other. The income households earn is spent and saved: Y = C + S. Producers produce an equivalent value of goods and services in the form of consumption and investment: Y = C + I. By definition, C + I = C + S. But the I (investment) in this last equation is actu…
Decision making is an essential part of planning. Decision making and problem solving are used in all management functions, although usually they are considered a part of the planning phase. This chapter presents information on decision making and how it relates to the first management function of planning. A discussion of the origins of management science leads into one on modeling, the fi…
Nowadays, understanding of economic issues has become quite indispensable for all sections in the society. Everyone wants to get rich; wants to increase their wealth holding; wants to have hold over productive resources; wants to expand their business activities. People want to earn more and more profits, and exercise control over the market and other economic system; people want to raise …