Showing posts from August, 2021Show all

Remove 'Powered by Blogger' - Attribution Widget

https://www.vrcworks.net/2021/09/remove-powered-by-blogger-attribution.html In this article, I will be demonstrating how to remove the ‘Powered by Blogger attribution widget in the footer of Blogspot blogs. Before going to the process, backup your blogger template , …

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Factors Affecting Foreign Exchange Rate

There are various factors that affect the demand and supply of the currencies thus affecting the exchange rate in the foreign exchange market. Few key factors are explained below: Inflation: As inflation rises, in one country (India), the domestic goods become expensi…

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Working Capital Management

Working capital management takes the decision to invest in short-term assets. Current assets of the firm comprise cash, receivables and inventory. Working capital management decides how much money should be invested in each of these assets. This decision is crucial as …

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Marginal Costing

The term 'marginal cost' is defined as "the amount at any given volume of output, by which aggregate costs are changed if the volume of output is increased or decreased by one unit. It is a variable cost of one unit of product or service, i.e. a cost, wh8i…

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International Business: Objectives, Advantages and Disadvanatges

International business refers to business activities or transactions carried out beyond the national borders of a country. It is a much wider term comprising of all the commercial transactions taking place between two countries. International business can occur between…

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Leveraged Buyout

Leveraged Buyout (LBO) is the acquisition of a company where the acquisition is substantially financed by loans and debt. When the management of a company buys their company from their owners, it is called Management Buyout (MBO). The purchase price has 70-90% of debt…

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Zero Based Budgeting

Zero Based Budgeting (ZGB) is a budgeting method in which all expenditures for each new period must be justified. The ZBB method begins with zero bases, where all functions and within an organisation are examined for their demands and service costs. Everything is start…

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Green Human Resource Management

Green HR is the use of strategies to endorse the sustainable use of resources within organisations and supports the cause of environmental sustainability. The HR function will become a driver of environmental sustainability inside the institute by arranging its policie…

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Classification of Plant Kingdom - Cryptogamae & Bryophyta

Depending upon the presence or absence of flowers and seeds entire plant kingdom is divided into two types. They are Cryptogamae and Phanerogamae. 1. Cryptogamae: Cryptogams include all non-flowering plants such as algae, fungi, lichens, mosses and fern (K…

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Collective Bargaining: Features and Advanatges

Collective bargaining is a process of negotiations between employers and a group of employees aimed at reaching agreements in respect of the terms and conditions of employment of employees, such as wages, hours of work, working conditions and grievance procedures and …

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Human Resource Development

HRD is a positive humanistic concept in human resource management based on the belief that an investment in human beings is necessary and will invariably bring in substantial benefits to the organisation in the long run. HRD seeks to show people as assets on the credit…

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Competency: Introduction and Types

Competency is a person's capacity that leads to the behaviour that merges with the job requirement, which is in behaviour that merges with the job requirement, which is in tandem with the organisation's parameters and gives desired results. Competency is that …

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Talent Management: Functions and Process

Talent management can be defined as the goal-oriented and integrated process of planning, recruitment, development, management and compensation process. Here the notion is not limited to recruitment, but also exploration, development and smooth transition according to …

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Career Planning

career planning is a lifelong process, which includes choosing an occupation, getting a job, growing in our job, possibly changing careers and eventually retiring. This may happen once in our lifetimes, but it is more likely to happen several times as we first define a…

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Competency Mapping

Competency mapping is the procedure of identifying the competencies that are desired to perform work to effectively attain a desired set of goals of the firm. It comprises of breaking a given work into smaller activities and distinguishing competencies like skills, at…

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