Essays on Work-In

Abstract:

Strikes are one of the ways in which conflicts between employers and employees become known. Although they are rare, the effects of strikes are usually major and can affect the involved parties and public for a long time. Usually, strikes are usually a last resort measure when trying to solve conflicts and are considered the most damaging to employers. Employers will therefore try to avoid strikes as much as possible opting for alternative conflict resolution measures that are less damaging to their interests such as mediation and conciliation (Gennard, Judge, Tony, & Richard, 2016). This paper will discuss conflicts in ...

Introduction

On 25th April 2015 the Himalayan country Nepal faced a devastating earthquake whose aftereffects are still felt by the Nepalese people. The earthquake turned out to be a huge catastrophe for the economically weak and less developed country of Nepal as they did not possess the financial, infrastructural and medical facilities to help their people out of the tragedy. The death tolls reached above 8,700 people while above 22,000 were left injured. From the 75 districts in the country, 31 were left impacted by the earthquake and around 14 were damaged heavily. The hardest hit districts saw ...

Inventory

Inventory refers to a stock of good held by a business in order to meet its objectives. Many people consider inventory to be a bad thing due to the storage or holding costs associated with holding high levels of inventory. Holding costs increase proportionately as the level of inventory held increases and very high levels of inventory may adversely affect the profitability of the business. Some of the common holding costs include: Financing costs, investment in inventory represents tied up working capital, and the business will incur financing costs on the amount of capital held up in inventory

Obsolescence, ...

Introduction

The success of a company depends on the company’s attention to the short-term decisions. Short-term decisions affect the management of current assets and current liabilities. The company’s liquidity position depends majorly on the level of current assets of the company. If a company is to survive in the business, it must have the ability of generating enough cash that meets its short-term (current) needs (Bhattacharya, 2004).

Working capital management is therefore an important factor in the success of a company, both in the short term and long term. The degree of solvency or liquidity depends on the extent to which ...