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  • Merits and Demerits of Net Present Value (NPV)
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    Merits and Demerits of Net Present Value (NPV)

    Net Present Value is the difference between the total present value of future cash inflows and the total present value of future cash outflows. NPV is calculated using the Time-gap and the Required rate of return. It is one of the methods for evaluating the project proposals. More

  • Merits and Demerits of Profitability Index
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    Merits and Demerits of Profitability Index

    Profitability Index is also called as Benefit Cost Ratio or Present Value Index. It is calculated by dividing the Present value of cash flows by present value of cash outflows. Situations may arise where a project with low P.I in combination with another project may give the least result than a project with high Profitability Index (PI). More

  • Advantages and Disadvantages of Payback Period
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    Advantages and Disadvantages of Payback Period

    Payback Period is the time required to recover the initial investment in a project. it refers to the length of the duration required to recover the initial cost of the project. In other words, it is defined as the number of years required to recover the initial investment from the accumulated cash flows. More

  • Merits and Demerits of Accounting Rate of Return
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    Merits and Demerits of Accounting Rate of Return

    This method takes into account the earnings expected from the investment over their whole life. It is also known as Rate of return method. The project with the higher rate of return is selected as compared to the one with a lower rate of return. More

  • Advantages and Disadvantages of internal rate of return
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    Advantages and Disadvantages of IRR

    An internal rate of return of a project is the discount rate which makes its NPV=0 or it is the discount rate which equates the present value of future cash flows with the initial investment. In this method, the rate of return is calculated by trial and error method. This technique is also called as “Marginal Rate of return” or “Time Adjusted Rate of Return” or “Yield on Investment”. More

  • objectives of career planning
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    Objectives of Career Planning

    “Career Planning is the process of systematically matching career goals and individual capabilities with opportunities for their fulfillment”. According to Mc.Mohan and Merman, “Career planning is the deliberate process of becoming aware of self, opportunities, constraints, choices, and consequences” More

  • quality of work life
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    Aspects of Quality of Work Life

    Quality of Work Life is a relation between employee and the total working environment of the organization. Richard.E.Walton defined, “Quality of Work Life is a process by which an organization responds to employee needs for developing mechanisms to allow them to share fully in making decisions that design their life at work”. More

  • reasons of demotion
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    Reasons for Demotion

    Demotion is defined as a downward movement of an employee in an organizations hierarchy, with lower status, pay, and responsibilities. It is a downgrading process where employees suffer from emotional and financial losses in terms of rank, power, status, pay, etc of an employee. More

  • types of transfers
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    Types of Transfers

    A transfer is a change in job assignment of an employee. It is a movement of an employee from one job to another without involving any substantial changes in his duties, skills, status, responsibilities, and compensation also sometimes. More

  • Procedure For Disciplinary Action
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    Procedure For Disciplinary Action

    According to Richard, Discipline may be considered as the force that prompts individuals and groups to observe values, regulation standards and procedure necessary for an organization. There are mainly two different types of disciplines called positive discipline and negative discipline according to the management objectives. More

  • PURPOSE OF TRANSFERS
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    Purpose of Transfers

    A transfer is a change in job assignment of an employee. It is a movement of an employee from one job to another without involving any substantial changes in his duties, skills, status, responsibilities, and compensation also sometimes. More

  • TYPES OF PROMOTIONS
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    Types of promotions

    Promotion refers to the upward movement of an employee from his current job position to another resulting in higher pay, responsibility, status, etc. within an organization. According to Edwin.D.Flippo, “promotion involves a change from one job to another i.e. better in terms of status and responsibility”. More

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