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After the pandemic era, the nations had to adapt to the new culture to get the work done. Here comes the new working model known as work from home, which is very much beneficial for employers and employees. In this article, we will discuss the small online business ideas from home students. Work from home…
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The distribution channel is the course between producers and users through which goods are dispensable. This path is also known as the Channel of Distribution or Trade Channel. In the case of offerings, the distribution channel is direct because services are intangible. A distribution channel normally requires a consumer and a supplier. The customer can…
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A company’s balance sheet is a statement of its assets and liabilities as of a specified date. A company’s assets may be categorized into two major groups viz noncurrent assets and current assets. In contrast, the liabilities may also be categorized into two other groups: long-term liabilities (including the shareholders’ equity, i.e., paid-up share capital…
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Fixed Position Layout In a fixed position layout, the primary focus is on retaining the production of the most important product stable and stationary in a single location. This designated web page serves as the main hub for all associated activities, wherein equipment, tools, components, and labor are all brought together collectively. This arrangement, which…
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The worker should be positioned in the right job after they are employed. The allocation of human beings to jobs is called placement. It is a system of assigning or re-assigning personnel to a new or special job. Thus, placement is the manner of setting the proper person at the proper activity, and placement aims…
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A number of factors influencing employee retention in the organizational context are as follows. 1) Human Resource Management Practices Human resource management practices affect organizational outcomes by shaping employees’ behaviors and attitudes, molding employee’s perceptions of what the organization is like, and influencing their expectations of the nature and depth of their relationship with the…
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Designing Product Layout Product Layout, additionally called ‘Straight Line Layout,’ ‘Line Processing Layout,’ ‘Flow Line Layout,’ or ‘Layout for Serialized Manufacture’. It organizes equipment in a selected order that suggests their sequential roles in the production technique. In the following article, you will know the disadvantages and advantages of product layout. In this association, one…
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The process of making new employees familiar with the present employees and practices of the organization is termed orientation or induction. All the activities of introducing a new candidate to the organization and his department involve the induction process. Complete Process of Induction The process of induction involves three stages: 1) General Orientation In this…
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Consumer exploitation is an unending story in almost all parts of the world. Johnson, the President of the United States, once pointed out that “for far too long, the consumer has had too little voice and too little Weight in Government. As a worker, as a businessman, as a farmer, as a lawyer or doctor,…
A resume is a professional document that provides a specific person’s education, work experience, skills, and accomplishments. It is used as a tool for job applications and submitted to potential employers to showcase the candidate’s qualifications for a specific position. A well-defined & crafted resume is crucial in the job application process, as it serves…
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