COMPENSATION
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The document discusses the objectives and components of employee compensation. The objectives are to recruit and retain qualified employees, increase or maintain morale, and determine basic wage and salary and reward for job performance. Components refer to the different elements that make up an employee's total compensation package.
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NEGOTIABLE INSTRUMENTS E- PURSE TRUNCATION OF CHEQUE
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E- PURSE
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It was an effort to expand the industrialization and uplift the economy to its deserved heights.
It signified the involvement of Indian government in the development of industrial sector.
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TOTAL QUALITY MANAGEMENT
Total - made up of the whole
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Management - act, art or manner of planning, controlling, directing,….
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TQM approach of IS ensures satisfactory level attainment of these parameters through the implementation of various strategies in the process of development.
The software quality assurance is nothing but what is required which would ensure conformance to the standards set by the management. It can be done by quality testing.
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NEGOTIABLE INSTRUMENTS E- PURSE TRUNCATION OF CHEQUE
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E- PURSE
TRUNCATION OF CHEQUE
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A negotiable instrument is a signed document that promises a sum of payment to a specified person
Negotiable instruments are transferable in nature
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Commercial banks also deal with these instruments. The bank collects these instruments for the customers to grant loans and advances against these instruments
Cheque Truncation System (CTS) is a cheque clearing system undertaken by the Reserve Bank of India (RBI) for quicker cheque clearance
Cheque Truncation System (CTS) or Image-based Clearing System (ICS), in India, is a project of the Reserve Bank of India (RBI), commenced in 2010, for faster clearing of cheques.
CTS is based on a cheque truncation or online image-based cheque clearing system where cheque images and magnetic ink character recognition (MICR) data are captured at the collecting bank branch and transmitted electronically.
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Nature has blessed with so many plants, out of which man has exploited some for his benefit. Among them are the spices, though required in small quantities, with many properties and beneficial uses
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NET PRESENT VALUE (NPV)
This document discusses net present value (NPV) as a method for evaluating investment projects. It defines NPV as the difference between the present value of cash inflows and outflows. Positive NPV means the project is acceptable, zero means it may be acceptable, and negative means it should be rejected. The document provides a formula for calculating NPV and an example of applying the method to evaluate acquiring another company. Advantages include accounting for the time value of money, while disadvantages include difficulty of use and setting the discount rate.
New pdt development ppt
New Product development is a journey. It's the road which leads to the actual product and then the actual product to the market.
NPD requires an understanding of customer needs and wants, the competitive environment, and the nature of the market.
It is generally used to discuss the complete process of introducing a new product in the market.
The creation of products with new or different characteristics that offer new or additional benefits to the customer.
Determinants of working capital
The capital which is needed for the regular operation of business is called working capital. 1- for the purchase of raw materials
2- for the payment of wages
3- payment of rent and of other expenses
Working capital is kept in the form of cash, debtors, raw materials inventory, stock of finished goods, bills receivable etc.
Size Of Business
Nature Of Business
Storage Period
Credit Period
Seasonal Requirement
Potential Growth Or Expansion Of Business
Changes In Price Level
Dividend Policy
Working Capital Cycle
Operating Efficiency
Other Factors
Working capital requirement of a firm is directly influenced by the size of its business operation.
Big business organizations require more working capital than the small business organization.
Working capital requirement depends also upon the nature of business carried by the firm. Normally, manufacturing industries and trading organizations need more working capital than in the service business organizations.
A service sector does not require any amount of stock of goods. But in the manufacturing or trading firm, credit sales and advance related transactions are in large amount.
Time needed for keeping the stock in store is called storage period. The amount of working capital is influenced by the storage period. If storage period is high A firm should keep more quantity of goods in store and hence requires more working capital. if the storage Period is less , then more stock of goods must be held in store as work-in-progress.
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COMPENSATION
- 1. PRESENTED BY, NAVYA JAYAKUMAR P ROLL NO: 20
- 4. OBJECTIVES • To recruit & retain qualified employees. • To increase or maintain morale. • To determine basic wage & salary. • To reward for job performance.
- 5. COMPONENTS