Role_of_Information_Technology_IT_in_Man.pdf
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Role of Information Technology (IT) in Managing Organizational Change and Organizational
Interdependence
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Interdependence
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✅ Recent Updates
Organisational theory exam will be conducted on 15th July 2019.
Our faculty will call to every student to know status of Preparation.
If any student are facing problem in any topic of Organization theory then Kindly Contact @cadhananjay
Or mail at
civilservicegurukul@gmail.com
From Today to 15th July, It is advised to revised organisation theory subtopics as shared through excel sheet by Civil Service Gurukul.
With best regards
Civil Service Gurukul
www.civilservicegurukul.com
Organisational theory exam will be conducted on 15th July 2019.
Our faculty will call to every student to know status of Preparation.
If any student are facing problem in any topic of Organization theory then Kindly Contact @cadhananjay
Or mail at
civilservicegurukul@gmail.com
From Today to 15th July, It is advised to revised organisation theory subtopics as shared through excel sheet by Civil Service Gurukul.
With best regards
Civil Service Gurukul
www.civilservicegurukul.com
Explicit Cost :-Explicit cost is the discount rate that equates the
present value of the funds received by the firm net of underwriting costs, with the
present value of expected cash outflows.
present value of the funds received by the firm net of underwriting costs, with the
present value of expected cash outflows.
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Photo
👆this is UPSC Exam question. Aspirant hv not focused on word "Explicit Cost of Debenture" in exam hall. Many students have calculated only cost percentage .
Explicit Cost :-Explicit cost is the discount rate that equates the
present value of the funds received by the firm net of underwriting costs, with the
present value of expected cash outflows.
present value of the funds received by the firm net of underwriting costs, with the
present value of expected cash outflows.
Current affairs for Commerce Optional
New Code on Wages Bill
The Union Cabinet has cleared the new version of Code on Wages Bill, which seeks to define the norms for fixing minimum wages.
It will be applicable to workers of organised and unorganised sectors, except government employees and MNREGA workers.
It will amalgamate the Payment of Wages Act, 1936, the Minimum Wages Act, 1948, the Payment of Bonus Act, 1965, and the Equal Remuneration Act, 1976.
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New determining factors of wages
As per the Bill, minimum wages will be linked only to factors such as skills and geographical regions.
At present, minimum wages are fixed on the basis of categories such as skilled, unskilled, semi-skilled, high skilled, geographical regions, and nature of work such as mining.
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These are applicable for 45 scheduled employments in the central sphere and 1709 scheduled employments in states.
This is expected to effectively reduce the number of minimum wage rates across the country to 300 from about 2,500 minimum wage rates at present.
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Floor Wage
A National Floor Level Minimum Wage will be set by the Centre to be revised every five years, while states will fix minimum wages for their regions, which cannot be lower than the floor wage.
The current floor wage, which was fixed in 2017, is at Rs 176 a day, but some states have minimum wages lower than it such as Andhra Pradesh (Rs 69) and Telangana (Rs 69).
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Importance
An effective minimum wage policy is a potential tool not only for the protection of low paid workers but is also an inclusive mechanism for more resilient and sustainable economic development.
A simple, coherent and enforceable Minimum Wage System should be designed with the aid of technology as minimum wages push wages up and reduce wage inequality without significantly affecting employment.
New Code on Wages Bill
The Union Cabinet has cleared the new version of Code on Wages Bill, which seeks to define the norms for fixing minimum wages.
It will be applicable to workers of organised and unorganised sectors, except government employees and MNREGA workers.
It will amalgamate the Payment of Wages Act, 1936, the Minimum Wages Act, 1948, the Payment of Bonus Act, 1965, and the Equal Remuneration Act, 1976.
Join🔜@commerceoptional
New determining factors of wages
As per the Bill, minimum wages will be linked only to factors such as skills and geographical regions.
At present, minimum wages are fixed on the basis of categories such as skilled, unskilled, semi-skilled, high skilled, geographical regions, and nature of work such as mining.
Join🔜@commerceoptional
These are applicable for 45 scheduled employments in the central sphere and 1709 scheduled employments in states.
This is expected to effectively reduce the number of minimum wage rates across the country to 300 from about 2,500 minimum wage rates at present.
Join🔜@commerceoptional
Floor Wage
A National Floor Level Minimum Wage will be set by the Centre to be revised every five years, while states will fix minimum wages for their regions, which cannot be lower than the floor wage.
The current floor wage, which was fixed in 2017, is at Rs 176 a day, but some states have minimum wages lower than it such as Andhra Pradesh (Rs 69) and Telangana (Rs 69).
Join🔜@commerceoptional
Importance
An effective minimum wage policy is a potential tool not only for the protection of low paid workers but is also an inclusive mechanism for more resilient and sustainable economic development.
A simple, coherent and enforceable Minimum Wage System should be designed with the aid of technology as minimum wages push wages up and reduce wage inequality without significantly affecting employment.
Types of Organisational Structures: their Advantages and Disadvantages
There are two types of organisations namely formal organisations and Informal Organisation they must deal with-one formal and the other informal.
The formal organisation is usually delineated by an organisational chart and job descriptions. The official reporting relationships are clearly known to every manager.
Alongside the formal organisation exists are informal organisation which is a set of evolving relationships and patterns of human interaction within an organisation that are not officially prescribed.
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There are two types of organisations namely formal organisations and Informal Organisation they must deal with-one formal and the other informal.
The formal organisation is usually delineated by an organisational chart and job descriptions. The official reporting relationships are clearly known to every manager.
Alongside the formal organisation exists are informal organisation which is a set of evolving relationships and patterns of human interaction within an organisation that are not officially prescribed.
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MANAGEMENT BY OBJECTIVES.pdf
1.5 MB
👆 Management by Objectives
Most important topics for UPSC commerce Optional.
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Most important topics for UPSC commerce Optional.
Join 🔜 @commerceoptional
Also Join🔜 @civilservicegurukul