Old and new ways of working

The 21st century has changed many things about modern society, from the way people shop to the numerous ways that they consume information and breaking news. Another major charge to come about in recent years has been a major shifts in workplace management and operations. Businesses every where are looking for ways to improve employee satisfaction and retention, adding flexibility to offices that were once ruled by an iron fist and allowed no such thing. The new ways of working initiative is are of the hot test ways to boost flexibility and retention, largely by removing many of the barriers and management styles of the past.

New ways of working require new habits. For many organizations, the move to new office spaces, the introduction of homework or a new business strategy puts a strain on current working habits. But old habits die hard! People will have to close the ‘knowing-doing’ gap by installing new habits that will help meet the challenges and opportunities of new ways of working

Билет26.1Mergers, takeovers and sell –offs

In a takeover one company buys a controlling interest in another company by acquiring at least 51 % of its shares. The company does this by making a direct approach to the company’s shareholders for their shares. the company intending to take over will not necessarily consult the company it is taking over

What is the difference between a merger and a takeover?

In a general sense, mergers and takeovers (or acquisitions) are very similar corporate actions - they combine two previously separate firms into a single legal entity. Significant operational advantages can be obtained when two firms are combined and, in fact, the goal of most mergers and acquisitions is to improve company performance and shareholder value over the long-term.

The motivation to pursue a merger or acquisition can be considerable; a company that combines itself with another can experience boosted economies of scale, greater sales revenue and market share in its market, broadened diversification and increased tax efficiency. However, the underlying business rationale and financing methodology for mergers and takeovers are substantially different.

A merger involves the mutual decision of two companies to combine and become one entity; it can be seen as a decision made by two "equals". The combined business, through structural and operational advantages secured by the merger, can cut costs and increase profits, boosting shareholder values for both groups of shareholders. A typical merger, in other words, involves two relatively equal companies, which combine to become one legal entity with the goal of producing a company that is worth more than the sum of its parts. In a merger of two corporations, the shareholders usually have their shares in the old company exchanged for an equal number of shares in the merged entity.

What is a 'Sell-Off'

Sell-off is the rapid selling of securities such as stocks, bonds and commodities. The increase in supply leads to a decline in the value of the security. A sell-off may occur for many reasons, such as the sell-off of a company's stock after a disappointing earnings report, or a sell-off in the broad market when oil prices surge, causing increased fear about the energy costs that companies will face.

Selection procedures

Selection process or selection procedure involves a series of steps to be followed for choosing the suitable person for the vacant job. This process stars after recruitment and divides the candidates in two parts those will not be. There is a need of well-organized selected and unsuitable candidates are rejected. The selection process varies from organization to organization and even from department to department within the same organization. Like in some organizations medical examination is done before final selection . However every organization design the selection process as per its need. The main selection process steps are:

1.preliminalry interview

2.receiving applications

3.screening of applications

4.employment test

5.employment interview

6.checking references

7.physical examination

8.final selection

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