Usefulness Of The Future Managers - 1213 Words

Usefulness to the Future Managers Over the recent past, many workers have developed a liking for startups over established corporate jobs. The workers do not want to get fixed by rigid laws and hierarchical structure. The trend has both risks and benefits. One of the risks is that the startup organizations do not give proper attention to the human resources. Moreover, the startups may violate one or more aspects of the employment law. The book is useful in training prospective future managers and employers since the workplace discrimination scenario is a rapidly changing issue that requires a more intellectual approach. The risks of violating the discrimination rules are devastating to both the employer and organization. Knowledge is power, and the prospective managers will gain the knowledge surrounding employment discrimination and harassment and are thus informed of the possible penalties for violating such laws. The book also gives the potential managers the ability to interpret the laws governing a certain topic in the contemporary business life. Additionally, the book enlightens the potential managers about the existing legal bodies that address issues such as workplace discrimination. The students can get more information not covered in the classroom or the book from these bodies. One such body is the United States Equal Employment Opportunity Commission (EEOC). The agency has a website that contains the jurisdictions over claims of discrimination in the variousShow MoreRelatedEssay on Evaluate The Usefulness Of The Product Lifecycle To A Firm683 Words   |  3 Pages In this essay I will look at the advantages and disadvantages of using a product lifecycle, as well as evaluating the usefulness of such a model to a firm. The Product Lifecycle is a part of the portfolio analysis, in which a firm can analyse the stages in a products life. It is a model used to aid with decision making in a firm, and part of the marketing planning process. The shape and length of the lifecycle varies with the different products, as each one is unique. The different stages are launchRead MoreEarning Management1159 Words   |  5 Pagesmanagement can reveal inside information to investors. 1) Incentives given on contracts a) Bonus is given on net income referring to contract ï‚ · Volatility of the new accounting standards may lead to lower net income ï‚ · May adversely affect manager effort b) Debt covenant contracts ï‚ · New accounting standards may increase probability of debt covenant violation ï‚ · Contract violation is costly, earnings management may be low-cost way to work around 2) Investor-based arguments CrediblyRead MoreEarning Management: Is It Good or Not?1167 Words   |  5 Pagesmanagement can reveal inside information to investors. 1) Incentives given on contracts a) Bonus is given on net income referring to contract ï‚ · Volatility of the new accounting standards may lead to lower net income ï‚ · May adversely affect manager effort b) Debt covenant contracts ï‚ · New accounting standards may increase probability of debt covenant violation ï‚ · Contract violation is costly, earnings management may be low-cost way to work around 2) Investor-based arguments CrediblyRead MorePositive vs Normative Accounting Theory Essay1032 Words   |  5 PagesPositive accounting theory had its origins in the late 1950’s and arose out of the dissatisfaction with normative theories. 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While perceived ease of use was defined as degree of beliefRead More Strategic Planning Essay624 Words   |  3 Pagesgoals of the organization. Some believe that in today’s rapidly changing environment, strategic planning is becoming more difficult and therefore more obsolete because changes are occurring so fast that plans-even those set for just months into the future-may soon be obsolete. The fact is that with the fast changing environment it is even more important to have strategic planning in every business today. nbsp;nbsp;nbsp;nbsp;nbsp;First to fully define what strategic planning involves; assessingRead MoreEvaluate the contribution of Management Information System to Organisations1530 Words   |  7 Pagescustomers. (Laudon, 2002,P1) It provides information figure of reports and displays to managers. 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