Day: October 5, 2020

Human Resource Functions Human Resource Functions refer to those tasks and duties performed in organizations to provide for and coordinate human resources. The functions include:- Human resource planning, Recruitment and selection/.Employee resourcing Performance management Human Resource development/Training and Development Compensation Read More …

PART OF MANAGEMENT-Human resource management is an integral part of the management process. It is inherent in all organizations because people comprise an essential part in every organization.   PERVASIVE FUNCTION-Human resource management is a function that is performed by Read More …

Human resource management is that part of management which is directly concerned with the people employed in an organization. It involves procuring, developing and maintaining a competent work force so as to achieve the goals of organization efficiently and effectively. Read More …

Causes of Redundancy (Redundancy – Being out of work) The pressures of global competition and international economic recession which force organisations to take cost out of their business. This involves getting rid of some employees. Introduction of new technology. This Read More …

Introduction to safety and health at work. Concerned with identification and control of hazards associated with the physical workplace environment. Workplace hazards can range technological, physical, chemical agents and psychological. The course is a direct response to the recognition that Read More …

Compensation refers to all the extrinsic rewards employees receive in exchange for their work. Compensation is usually composed of base wage or salary plus any accompanying bonuses and benefits. Base wage or salary is the hourly, weekly or monthly payment Read More …

The following models are used to establish the various costs of capital or required rate of return by the investors: Risk adjusted discounting rate Market model/investors expected yield Capital asset pricing model (CAPM) Dividend yield/Gordon’s model. i) Risk adjusted discounting Read More …

Interest rates have two effects on corporate profits: a) Because interest rate is a cost, the higher the rate of interest the lower the firm’s profit other things held constant. b) Interest rates affect the level of economic activities which Read More …

There are four most important factors that influence interest rates and the shape of yield curve. CBK – Monetary policy The level of government budget deficit Balance of trade position Business activity (circle) in the economy 1. CBK – Monetary Read More …

The term structure of interest rate describes the relationship between interest rates and the term to maturity and the differences between short term and long term interest rates. The relationship between short and long interest rates is important to corporate Read More …