Day: February 11, 2022

FACTORS AFFECTING EMPLOYEE SATISFACTION WITH REWARD SYSTEMS The degree to which one is satisfied with the reward system is related to the following: – Fairness Expectation and value Internal comparisons External comparisons Self evaluation Total reward package a) Fairness Is Read More …

REWARD POLICY A policy is a guideline that helps managers make day-to-day decisions. Reward policy is an organizations’ statement on the implementation of reward management and strategies required, to achieve the reward policy. A reward policy is a broad expression Read More …

MASOMO MSINGI PUBLISHERS APP – Click to download SAMPLE WORK Complete copy of CS FINANCIAL MARKETS AND SPECIALISED INSTITUTIONS is available in SOFT copy (Reading using our MASOMO MSINGI PUBLISHERS APP) and in HARD copy  Phone: 0728 776 317 Email: Read More …

A public private partnership (3Ps) is a government and one or more private sector companies. 3Ps involves a contract between public sector authority and a private party provides a public service or project and assumes substantial financial, technical and operational Read More …

Third sector procurement is defined as procurement by non-governmental organizations which are value-driven and which principally re-invest their surpluses to further social, environmental or cultural objectives. It includes voluntary and community organizations, charities, social enterprises, cooperatives etc. Third sector organizations Read More …

Private sector procurement, on the other hand, is the process of acquiring goods and services to satisfy the needs of a particular private entity (usually a business, for profit or not). These are goods and services needed for (i) the Read More …

Public sector procurement is the process of acquiring goods and services for the operation of government and to provide public services. It is carried out within a specific legal framework based on certain principles aimed at making the fulfillment of Read More …

Risk 1: Requirements Inflation As the project progresses more and more features that were not identified at the beginning of the project emerge that threaten estimates and timelines. Solution: Constant involvement of customers and developers. Risk 2: Employee Turnover Key Read More …

LYSONS has suggested the following reasons for the importance of purchasing staff being knowledgeable about specifications: The primary purpose of purchasing is to contribute to the profitability of an undertaking by obtaining better quality products or services in terms of Read More …

After agreement about what information will be included in the specification and an appropriate structure, it must be formatted into a useable specification. There is a range of information that can be included in a specification. Including particular topics will Read More …