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The personnel department of a firm is entrusted with the responsibility of recruitment, training and placement of the staff for the firm. The department is also required to critically analyze and suggest means to reduce if any, the manpower requirements for various departments of the firm. This department is also concerned with the welfare of the employees and their families. In this connection, different decisions are to be taken from time to time. Some of these decisions may be compulsive under the legislative provisions while other may be discretionary. The personnel department has to work with the finance manager while evaluating different schemes of training programs, employee's welfare, economy in manpower, computerization, incentives schemes, revision of pay scales, etc. The best possible option should be identified keeping in view both the employee's welfare and the interest of the firm. Considering the financial implications of all these decisions is an important dimension.
Why do financial managers calculate the marginal tax rate? Financial managers utilize marginal tax rates to calculate the future after-tax cash flows from investments. Ever si
Discuss the different ways political events in a host country may affect local operations of an MNC. Answer: The answer can be organized based on the three types of political ri
Disadvantages of IFRS 8 Reconciliations may be time consuming. Less comparable with other organisations, as every entity has a different way of running their business.
V ariable Costs It is an expense that varies directly with changes in business activities for example the cost of raw materials rise and decreases as the volume of producti
Mergers and Acquisitions It is a Process of business combination. There are 3 forms of business combination: 1. M1. M1 has the highest liquidity. This is the narrowest t
364-Day T-Bills The Government considered that it is important to develop government securities market for monetary control. It also had an intention to ensure that government'
Calculate NPV-IRR - MIRR - payback and discounted payback: 1- Define and explain as well as you can of the following: a- Goals and objectives of the Corporate Fir
TC Shipping Ltd has decided to purchase a machine to augment the company's installed capacity to meet the growing demand for its products. There are three machines under considera
What is the Ratio uses To compare results over a period of time To measure performance against other organisations To compare results with a target To compare against
Calculate the sustainable growth rate
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