Study Document
… on their resources in an efficacious manner. As a result, it is of the best interest for the corporations to improve the job performance of their staff by carrying out training and education as one of the fundamental measures to increase productivity. Training and education is a … of the fundamental measures to increase productivity. Training and education is a significant component in human resource growth and development for enhancement of performance and organizational efficacy. In addition, training and education is a wide ranging aspect necessitated to attain most output and productivity from the human … attain most output and productivity from the human assets as it is utilized to enhance or increase activity that is linked with general performance requirements of the staff and the organization in its entirety.
The main objective of the research is to determine whether training and education … the staff and the organization……
References
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Halidu, S.G. (2015). The Impact of Training and Development on Workers’ Productivity. Review Public Administration Management, 3(160).
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Kothari, C. R. (2004). Research methodology: Methods and techniques. New Age International.
Lussier, R. N. (2010). Human relations in organizations: Applications and skill building. McGraw-Hill.
Study Document
Agency Theory
Agency theory refers to the relationship with the principle and the agent, where the principle delegates its financial decision making to the agent. In most cases, the agent is the owner/executive of the company while the principle is the shareholder. Challenging … firms, Wells Fargo’s decision making is impacted due to Agency theory in many ways as the firm has certain factors and ways of performance, it gives room for agency theory to impact its decision. It impacts the profitability, return on investment, operating expense, shareholder value and other … it gives room for agency theory to impact its decision. It impacts the profitability, return on investment, operating expense, shareholder value and other financial performance through influencing the key decision making that goes around these factors. Wells Fargo have a decentralized set up, which gives the autonomy to … and other factors are involved while on the other……
References
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Kuypers, A. (2011). How is dealt with the agency problem and what is the role of the board of directors in it?
Lumen. (n.d.). Agency and Conflicts of Interests. Lumen. Retrieved from https://courses.lumenlearning.com/boundless-finance/chapter/agency-and-conflicts-of-interest/
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Study Document
Specific HR Strategy
Summary
Human resource management (HRM) is an integral part of organizational operations with greater impacts on financial performance. Modern HR strategies and practices have evolved to incorporate strategic HRM. HR strategies are divided into two categories: general HR strategies and specific … divided into two categories: general HR strategies and specific HR strategies. General strategies in HR practices focus on high commitment, high involvement, and high-performance management. On the contrary, specific HR strategies focus on what the organization sets to do in relation to its HRM policies and practices. … do in relation to its HRM policies and practices. Business organizations are increasingly establishing specific HR strategies to enhance their competitive advantage and performance. Specific HR strategies differ from general strategies as they are based on the unique aspects of an organization’s operations.
An example of a … HR Strategy include to lead transformation, anticipate and build……
References
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Study Document
… as hard and with determination as the owner would, bearing in mind that the manager does not have any direct shares in the financial results of the company (Tearney and Dodd, 2009).
As a result, this could give rise to agency problems for the reason that this … explaining three important ways in which agency theory might impact decisions made in a company in relation to the recording and presentation of financial information.
Agency Theory & Decision-Making in Accounting
There are important ways in which agency theory might have an effect on decisions that are … which agency theory might have an effect on decisions that are made by a company in association with the recording and presenting of financial data and information. These ways include moral hazard, adverse selection, and information asymmetry.
Moral Hazard
Moral hazard alludes to the agent’s conceivable lack … substantial use of stock options,……
References
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Tearney, M. G., & Dodd, J. (2009). Accounting theory. H. I. Wolk (Ed.). New York: Sage.
Study Document
… companies and entrepreneurs. In the past decade, there have been dramatic changes concerning the management of risk in the banking industry. Progressively more financial institutions and managers have augmented the focus on the significance of risk management. In delineation, risk management encompasses the practice of identifying, assessing … and influence of disastrous events or to capitalize in the realization of prospects (Gizaw, Kebede, and Selvaraj, 2015).
The power and supremacy of financial establishments, particularly commercial banks, to generate money is of great significance in business operations. These banks operate as financial intermediaries within any economic setting and they are key providers of financial credit to both the corporate and household sectors. Credit risk is basically the likelihood that a borrower in a financial institution or a counterparty will end up failing to meet its obligations in line with the consented terms and conditions. In general, credit … it basically……
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Study Document
… the Reliance company, essentially breaking the firm into two separate companies. Mukesh was granted Reliance Industries while Anil was granted the telecoms, entertainment, financial and energy sections of the firm.
Criteria Used by Academics to Assess How to Manage Professionally a Family Business
There are many differences … the business is not just the family owner’s livelihood but also reputation and sense of self-worth. Daily & Dollinger (1991) note that “organizational performance is correlated with compensation in owner-controlled firms but with size in professionally-managed firms” (p. 3). Families tend to reward those who perform will … with greater compensation, but with professionally managed firms, compensation is given based on the size and role of the position and not necessarily performance. In other words, family-owned firms are more supportive towards workers who are loyal, high performers than will necessarily be the case in professionally … have greater value, are operated……
References
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Study Document
...Financial performance Quality and Improving Operations
McDonalds Corporation is the leading fast-food restaurant across the globe. Since inception the company has experienced tremendous growth and profitability due to its adoption of sound business philosophies and practices. McDonalds has become a symbol of globalization given its successful expansion to various parts of the globe. The other factor that has contributed to McDonalds’ success and profitability worldwide is its effective operation function. The company has streamlined its operation function from obtaining raw materials to production to distribution of food items/products to its customers. McDonalds Corporation has established a relatively effective operations management framework that helps in handling all its functional areas. In relation to the Operations Management framework, this paper examines quality and improvement of operations at McDonalds Corporation.
Part 1 – Quality and Conformance
McDonalds Corporation operates in an increasingly competitive fast-food industry across the globe. Despite its market share and position, this……
References
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Study Document
… well during the last downturn, it should not expect that to happen again. The company must plan for another downturn, given its weak financial condition. By investing in its success now, Papa John’s can help to put itself on the right track. Improving profitability will be essential ……
References
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Study Document
… and are more satisfied. When they are more satisfied they are more likely to stay in their jobs, too, which means lower turnover.
financial Impact
The financial impact of mandatory staffing ratios has to be viewed in two ways. First, it has to be viewed in terms of the initial ……
References
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Study Document
… reasons why a company chooses to behave as it does. There is certainly a marketing interest in CSR, but if there is no financial interest, that raises interesting questions about agency theory. Differentiation from competitors, however, is a valuable marketing tool. This might inform the efforts of ……
References
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