Importance of National Income Analysis
Importance of National Income Analysis 1. For the Economy- The national income data are of great importance for the economy of a country. These days the national income data are regarded as accounts of...
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Problems of Measurement in a veloping Economy
Problems of Measurement in aveloping Economy DOWNLOAD TRICK In a developing economy, complete and reliable information relating to the various methods of estimating, national income are not available due to the following problems: 1....
Method of Measuring National Income
There are four methods of measuring national income. Which method is to be employed depends on the availability of data in a country and the purpose in hand. (1) Product Method- According to this...
Concept of National Income
Concept of National Income (1) Gross Domestic Product (GDP): Gross domestic product is the money value of all final goods and services produced in the domestic territory of a country during an accounting year....
defination of national income
defination of national income National-income is an uncertain term which is used interchangeably with national dividend, national output and national expenditure. On this basis, national income has been defined in a number of ways....
Determination of National Income
Determination of National Income It will be helpful to state here the simplifying assumptions, which are made to specify the model of a hypothetical simple economy for the sake of simplicity in the analysis....
Ethics, Fair Treatment, and Justice
Ethics, Fair Treatment, and Justice Managing human resources often requires making decisions in which fairness plays a role. You hire one candidate and reject another, promote one and demote another, pay one more and...
Human Resource Management-Related
Ethics Activities
Human Resource Management-RelatedEthics Activities Selection- One writer says, “The simplest way totune up an organization, ethically speaking, is to hire more ethical people.” This can start before the applicant even applies, by creating recruitment...
Why Treat Employees Fairly?
Why Treat Employees Fairly? We’ve seen that a main way employers foster ethical behavior is by ensuring that they treat employees fairly. For most people the answer to “Why treat employees fairly?” is obvious,...
Strategic Compensation Management
Strategic Compensation Management The strategic use of rewards to regulate behaviour and performance has led to the concept of compensation management’ or ‘reward systems’- terms, which belong in the HRM, rather than the Industrial...
Read about HR audit
One of the important function of management is that of control. Audit is one of the important control devices.Thus, personnel or human resource audit refers to checking the organisation’s performance in its management of...