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q how to develop career strategyin this step employees need to focus on developing the knowledge experience and skills necessary to market self to
review of career plans career plans emerging out of career planning exercise have long term orientation a career plan is developed based on
placement on career path the next step of the career planning process is to place an individual on a chosen career path a career path is the logical
assessment of in individual strengths and weaknessesbefore finalizing career plan for an individual and placing him on career path it is necessary to
q explain career counselling processthe career counselling process should contain the following elementsathe employees should goals aspirations and
q final stage of careerthe final stage in ones career is difficult for everyone but is it hardest for those who have had continued successes in the
q describe the basic career stagesthe proper way to analyze and discuss career is to look at them as made up of stages we can identify five career
workers interest in participation is also influenced by certain personnel or group characteristics for example several research studies have shown
q give subject matter of participationsubject matter of participation by and large the workers interests in participation varies with the nature of
q show factors influencing participationfactors influencing participation several research studies have shown that the intensity of participation
methods of workers participation in management the various methods of workers participation in management are as follows1informative participation it
limitations of participation 1 technology and organization today are so complex that specialized work roles are required making it difficult for
q importance of inventory management1 inventory helps in smooth and efficient running of business2 inventory provide service to the customers
breaks in specific cost of capital the specific costs of capital may also be affected by the amount of finance the firm wants to raise as the amount
different cost of capital with changed proportions it is quite possible that the specific costs of capital of different sources may be affected by
external financing with same cost of capital and same proportions as existing if a firm raises new capital funds in the same proportion as at present
no external financing for new proposals if a firm have sufficient retained earnings with it as required by the new proposal then the firm may not
q calculation of wmccthe calculation of wmcc requires several steps to be taken and is subject to the following assumptions 1 the wmcc is calculated
q explain marginal cost of capitalthe calculation of cost of capital focused when the firms total financing and its paten of financing is given and
q limitation of weighted average cost of the capital1determine the weight the first and foremost difficulty in computing the average cost is to an
advantage of weighted average cost of capital 1straight forward and logical weighted average ost of capital defines the oveall cost of capital as the
q weighted average cost of capitalwhen the company capital structure is made from equity share capital debenture and preference share capital then
q computation of the cost of capitalcomputation of overall cost of capital of the firm invoicescost of debts debt may be issued at par at premium or
q how amount of financing affecting cost of capitalamount of financing as the financing require of the firm become larger the weighted cost of
q firms operation and financing decisionfirms operation and financing decision risks or the variability of returns also results for the decision make