Search results for keyword: fairness
Auditing of Accounting Estimates
Accounting Estimation and Auditing
The nature of estimation in financial accounting is often underestimated. Accounting estimates are often more freeform than static entries and can pose a problem of accuracy, creating a realm of uncertainty. An estimation is an approximation of the expense or re......
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Lily
labor relations
Consent and Collective Bargaining in Labor Relations
Making an agreement between employees and employers is essential in any labor relationship around the world. In the case of collective bargaining, its important for both sides to understand the rules of the negotiation, its pros and cons, and ho......
labor distribution rate
Labor Distribution Ratio
This paper attempts to explain the concept of labor distribution ratio and its importance in economic theory. The purpose of this article is to provide a concise overview of the labor distribution ratio principle, an important aspect of economics that often gets overlooke......
Lanchester Law
Lanchester’s Law of Squares is an empirical law describing how military forces of equal size fight each other in battle. It states that the amount of casualties inflicted by the two opposing sides are proportional to the number of soldiers involved to the power of two. Thus, a force of 10 soldier......
Broadband Salary Design
Introduction
In today’s competitive business environment, many organizations are seeking new ways to improve the performance of their workforce. One of the solutions that many companies in both public and private sectors are exploring is the possibility of introducing a Broadband Pay system. Bro......
Warrant pricing
Any real estate appraiser will tell you that mortgage valuation is a very important factor in determining the true market value (TMV) of a property. The ability to accurately estimate the cost of an appraisal and the value of a property help homeowners, buyers, and lenders make decisions that are ......
KFC corporate culture
KFCs Corporate Culture
KFC is one of the most popular quick service restaurants in the world, with over 18,000 outlets in more than 120 countries. The success of KFC’s business lies not only in its high-quality food and popular menu items, but also in its strong corporate culture.
Since its fou......
All staff decision
Introduction
In recent years, the concept of all-employee decision-making has increasingly become popular in many organizations. All-employee decision-making can be broadly defined as organization-wide decisions that are made democratically through the participation of each employee. This form of......
Talent Assessment
Employee Evaluation Systems
In today’s competitive market, employers need to hire, develop and retain the best workforce possible. This requires companies to have an effective employee evaluation system, to ensure they are making the best possible decisions when it comes to hiring, developing an......
Five Forces Model of Motivation
Introduction
The five forces model is one of the most established and well-known theories of motivation. Developed by psychotherapist and industrialist Sigmund Freud, the model seeks to explain how five distinct forces interact and drive human behavior. The five forces -- drive, pleasure, resista......
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