Resource Production involves bringing together certain inputs – called factors of production or resources- to create goods and services i.e., the output. Resources are the ingredients necessary for producing goods and services, just as you cannot bake a cake without ingredients of flour, eggs, sugar, and so on. It is these resources that are
To human the prime issue, as a biological being, is to maintain own life like any other animal or bird. By meeting some basic needs (like fresh air to breath, water to drink, foods for nutrition) this target is obtained. But, for human, as a social and civilized being, earning the livelihood doesn’t carry
Higher employment (or lower unemployment) rate is good indicator of the macro economic health of any country and that is desirable to any government, economic analyst, even to a commoner. But ’employment’ is not an economic problem, rather the problem is ‘scarcity of employment opportunity’ that is unemployment. So unemployment covers more economic discussion
Collective bargaining is the process of negotiation between representative of firms & workers for the purpose of establishing mutually agreeable condition of employment. The wage and fringe benefit of unionized workers are determined by collective bargaining. In every free modern industrial society, trade unions are an accepted part of the industrial scene. Labour unions
The lecture is still the most frequently used method of instruction. However, presenting a lecture without pausing for interaction with trainees can be ineffective regardless of your skill as a speaker. The use of pauses during the lecture for direct oral questioning creates interaction between instructor and trainee. Unfortunately, when classes are large, the
Mr. Razzaque is the owner of a factory situated at Tongi. He offered employment to Mr. Sultan who was retrenched from the factory a few months back but Mr. Sultan declined to accept the offer. Question Whether Mr. Razzaque is obliged to offer any post to the latter during the remaining period of one
Mr. Yusuf is the owner of a factory and he has received a grievance petition from one of his dismissed workers. Now he is supposed to ‘inquire’ into the matter and give the worker being heard Question Whether the procedure of enquiry under the Act should be the same prescribed under the Act?
Case No. 02 Mr. Helal, a factory worker of Bashir Metal Works, was charge-sheeted for causing damage to factory’s property in course of duty due to neglect of work. After completing the enquiry, the employer ruled that Mr. Helal should compensate the loss by paying the amount assessed by him for the loss Question
1. Write the objectives of Safety Management Ans: To preserve the physical assets from unsafe conditions. To prevent the human resources from unsafe act resulting from unsafe actresulting injuries or death. To reduce the operating costs resulting from compensation paid or cost of property damages. The objectives of Safety in the organization To save
To save the life and limbs of workers, To protect production from discontinuity To decreased labor turn over To maintain the quality of production ‘To ensure smooth increase of productivity To maintain harmonious management labor relation.