The Churches Quest for Excellence

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Are you amazed as I am about how fast technology increases? Back in 2001, more information could be sent over a single cable in one second than in 1997 was sent over the entire Internet in a month. As well, 220 million tons of old computers and other technological hardware […]

A History of Safety

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Throughout history, the safety and health movement has been impacted by legislation. In the following safety and health chronology, noteworthy events, individuals, and legislative action are set forth to illustrate the theme that the safety professional/practitioner is and has been a significant part of those preventive experiences making up the […]

How to Improve Productivity in a Factory

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Labour productivity, or just productivity, is the calculation of output per employee. It is incredibly important for any business, especially for a factory. You can calculate productivity by dividing output per period (units) by number of employees at work. So, for example, if a factory makes 5,000 units per month, […]

Preparation of Profit and Loss Account

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Explanation of Certain items of Profit and Loss Account 1. Salaries Salaries are paid for the services of employees and are debited to profit and loss ac- count being indirect expense. If any salary has been paid to proprietor or partners, it should be shown separately because it requires special […]

Material Handling

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Material handling is the science of movement, handling and storage of material during transportation. People can move material by lifting the items directly or use handcarts, slings, and other handling accessories. Material can also be moved using machines such as cranes and forklifts. These are generally used when heavy materials […]

Mergers & Acquisitions Can Result from Strategic Alliances

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Alliances frequently result in mergers and/or acquisitions. Partnering relationships, such as joint ventures or strategic alliances, can sometimes lead to a merger or acquisition situation. After companies work together for a period of time and get to know one another’s strengths, weaknesses, and synergistic possibilities, new relationship opportunities become apparent. […]

Management and Human Relations

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Management is described as the process of ‘getting things done through other people’. This is accomplished in organisations, industries, and business enterprises where large numbers of people are employed to achieve corporate goals. Managers collectively are the bosses, invariably paid very well, and/or rewarded with equity in the firm with […]