business and management
Part of the problem is that hospitality operations do not admit that security and safety are concerns. Paul Moxness VP for corporate safety and security at The Rezidor Hotel Group, a Brussels-based hotel management company stated “Security still is something of a taboo in the global hotel industry.” Hawley reported Housekeepers often feel insecure as they enter guest rooms to clean.
For one employee it was a naked man who fondled himself while she entered the room, another was attacked by dogs. If the guest complained management would often side with the guest and try to appease the guest with discounts or other amenities. This can significantly impact the working relationship between management and employees. In the face of these issues hospitality operators need to believe in their employees.
Nationalization is a Direct Enemy to Entrepreneurship and it Kills Entrepreneurial Spirit: The Case of South Africa
The debate about nationalisation was sparked by a resolution of the ANC Youth League’s 23rd National Congress in June 2008. Matshiqi posits that Kgalema Motlanthe ignited the debate way back in 2006 when he was invited to give a keynote address of the 62nd Anniversary Celebration of the ANC Youth League. Motlanthe challenged the ANC Youth League and the nation to debate on the idea of setting up of a mining company to fund free basic education and free higher education for all. Shivambu argues that the issue of nationalisation has always been ANC policy and was in line with the ANC’s Freedom Charter of 1955. He said that past ANC Presidents such as Oliver Tambo, Alfred Nzo and Nelson Mandela spoke about nationalization.
An Empirical Assessment of the Operational Efficiency of Electronic Banking: Evidence of Nigerian Banks
This study assessed the operational efficiency of electronic banking in Nigeria with a focus on the twenty-one Commercial banks listed on the Nigerian stock exchange at the end of year 2010. It examined the practice of e-banking since its inception in Nigeria in order to determine the significance of its relationship with improvement in core banking operations.
Secondary data were used for this study. Correlation technique as well as simple percentage were used to analyzed the data, and the student’s t-distribution was used to test the hypotheses. The study revealed that the practice of e-banking in Nigeria is significantly related to increased operational efficiency of Nigerian banks, though the security problem was found to exist. Based on these findings, the researchers recommend among others that government through CBN should provide adequate security measures towards the various e-banking products in Nigeria.
Organizational cynicism can be defined as negative attitude of the employees towards the organization for which he/she is serving. It is employee’s unfriendly attitude towards one’s organization due to the organizational policies, which tries to ditch its employees with false promises or with its dishonest behavior. It is a condition where employees lose confidence due to poor work atmosphere, leading to dissatisfaction, disturbances and hopelessness towards the organization.
Work satisfaction is closely associated with employee’s performance. Hence organizations must take enough steps in fostering the healthy work atmosphere. A study that tried to assess the link between the organizational cynicism and its impact on employee’s performance conducted at a Pakistan based teaching hospital revealed that although employees have negative attitude about the hospital they work, there are several other conditions like lack of basic facilities and training that is leading to poor performance.
Since Hopwood’s (1972) paper, budgetary evaluation or RAPM (Reliance on Accounting Performance Measures) has provided a rich vein for several studies in management control, largely based on contingency approaches. These studies have been conducted in developed countries (USA, UK, Australia, etc.). However, this type of works is still absent in many developing countries like the Arab area for example. Using data from 62 Moroccan firms, this article attempts to highlight the impact of the business strategy on the budgetary evaluation. The results using simple linear regression and Chi Square Test of Independence indicate that the business strategy has not a significant influence on the budgetary evaluation.
The behavior of share prices around ex-dividend days has been the subject of considerable theoretical and empirical research for nearly 50 years. Prior empirical studies document consistently that, on average, stock price falls less than the dividend amount on the ex- dividend day, giving rise to positive abnormal returns on the ex-day. However, after so many years of debate among academics, no consensus has been reached regarding the main drivers of the pricing anomaly on the ex-dividend day. The “tax clientele hypothesis”, the “short term arbitrage and transaction cost hypothesis” and mainly, two market microstructure hypotheses, the “tick size hypothesis” and the “bid-ask bounce hypothesis” attempt to explain the empirical inefficiency of the price drop on the ex-dividend day.
Multiple roles of Micro-financing and microcredit to the clients in in TUGENDANE N’IGIHE SACCO of Rwnda
Micro finance can be defined as financial services offered to low income clients, consumers and self employed persons or groups that is unable bank on the mainstream, conventional financial services. Microfinance thus is a small scale loans, remittances, insurance, savings and the other financial products offered to people at the grass root levels in most unconventional ways.
This method is often described as credit offered to unemployed or underemployed and referred as micro credit without any collateral security. Microfinance products are serving the socio economic needs of the clients in TUGENDANE N’IGIHE SACCO in the East African state Rwanda. It could provide financial assistance to meet their immediate family needs, capital to develop small scale entrepreneurship and occupational needs so that it could enhance the quality of living of the clients involved in this process