risk of major political disturbances‚ or threats from anti-social elements‚ terrorists or other countries. In the period prior to liberalisation‚ India’s annual growth rate was low at around 3.5%‚ only a few licenses were given out for important sectors like steel‚ electrical power‚ energy and communication‚ and these licence owners built up powerful corporate empires. India at that time was a socialistic economy with excessive govt. control. Core industries were directly managed by the govt. as
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Assignment Three Part One: Legal Issues – These are laws set by the government. That are essentially rules that a business must follow. They are designed to keep both the consumer and the business happy and ensure that everyone is treated fairly. Vue must follow these rules or they may be prosecuted and faced with a punishment such as a fine or‚ I extreme circumstances‚ forced closure of a business. Data protection Act –The Data Protection Act is set up to stop businesses unlawfully sharing customers
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public/private/voluntary sector; type of ownership and main implications. Langley Range Langley school for girls is a local business organisations; it is a business that is public so that the whole community is able to access it. Langley Girls is a Public sector because it’s being controlled by the government; they are less likely to take risks‚ because they operate for the benefit of the wider public and not for profit and it’s paid for through taxes that we pay. LPGS is found in Tertiary Sector because it
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Privatisation can be defined as ‘the partial or total transfer of property of responsibility from the public sector (government) to the private sector (business) or private persons. Privatization can include the transfer of responsibilities and not solely change of ownership. Privatisation consists of simply ‘the transfer of all or any of three kinds of property rights from the state to the private sector; ownership rights‚ operating rights and development rights since these constitute the most common type
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| Step aside‚ four PsMarketing needs a new framework that begins and ends with the customer. Marketing tools by themselves do not achieve marketing objectives. There is an intermediate step between the deployment of marketing tools and the achievement of marketing objectives. That crucial intermediate step is represented by the four ’As’ of marketing. Based on our research‚ customers are looking for four things: acceptability‚ affordability‚ accessibility and awareness. What we have discovered
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that allow you in the theme park. These prices allow Thorpe Park to make a profit. This means that Thorpe Park must charge a price that more than covers the costs of running the park e.g. staff wages‚ maintenance. Thorpe Park is a private sector business because it is owned privately by the Merlin Entertainment Group Ltd which also owns Lego land‚ Madame Tussauds and Sea Life. The Merlin Entertainment Group Ltd is of a large scale because it has over 14‚000 employees and has 60 attractions
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Structure Setting and Adjustment | Definition | A pay structure is a collection of pay rates or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and
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Different Between Aims & Objective All businesses have aims they want to achieve. These are long-term plans‚ probably over the next three to five years. Businesses will probably want to focus on one or more of the following areas this includes: • Profit and Profit maximisation are privately owned businesses that aim to make profit‚ when some want to achieve maximum profit. • Survival is when a business is having a hard time making profit they will try and survive till a better time to come. • Break-even
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Introduction Industrial and Infrastructure Development Finance Company (IIDFC) Limited is a Development Financial Institution‚ promoted by wide array of financial institutions like ten commercial banks‚ from both the public and private sectors‚ three insurance companies and Investment Corporation of Bangladesh (ICB). The Board of Directors of IIDFC consists of senior bankers‚ successful entrepreneurs and seasoned administrators. The management of IIDFC consists of highly qualified‚ experienced and
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discussed in this paper will be confined to privatization of public housing. DEFINITION OF PRIVATIZATION OF WELFARE SERVICES Privatization of welfare services is defined as the transfer of the provision of welfare services from the public sector to the private sector. Le Grand & R. Robinson (1984) pointed out that any reduction of the roles of the government in welfare provision‚ such as direct provision‚ subsidy and regulation‚ is defined as the introduction of the process of privatization of welfare
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