Trait Theory of Personality – Assumptions, Important Trait Theories, Strengths and Weaknesses

Trait theory Assumptions, Important Trait Theories, Strengths and Weaknesses Trait theory presents a quantitative approach to the study of personality. It visualizes personality as reflection of certain traits of the individual. This theory postulates that an individual’s personality is composed of definite pre-dispositional attributes called traits. A trait may be defined as any distinguishable, relatively […]

Common Difficulties in Decision Making/ Problems in Decision Making

Common difficulties in decision making/Problems in Decision Making Some common difficulties in decision making and implementing them are as follows: i. Incomplete information This is a major problem for every manager. Lack of information leaves a manager adrift in a sea of uncertainty. Not only this, most decisions involve too many complex variables for one […]

Models of Decision Making Behavior- Rationality in Decision Making

Models of Decision Making Behavior Rationality in Decision Making The question of rationality has long engaged the attention of decision theorist. Some of them hold the view that a manager is completely rational in his decisions. Some say that he is completely irrational. Still other say that he exercises limited rationality. These three types of […]

Collective bargaining- Meaning, Definitions, Collective Bargaining in India

Collective bargaining Topics Covered: Meaning of Collective Bargaining Definitions Objectives Nature Features Importance Functions Principles Types Process Collective Bargaining in India Recent Trends and Emerging Issues Pre-requisites of Successful Collective Bargaining   Meaning of Collective Bargaining Collective bargaining relates to group bargaining as opposed to individual bargaining about wages and salaries and conditions of work […]

The Employee’s Provident Fund and Miscellaneous Provisions Act, 1952

The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952   Introduction It was in 1952 that the Provident Funds Act was enacted to provide for the institution of compulsory provident fund for the employees working in factories and other establishments. The Act was amended in 1971 to provide for family pension and life insurance benefits […]

The Payment of Gratuity Act, 1972 – UGC NET Paper 2 Code 55 Notes

The Payment of Gratuity Act, 1972 UGC NET Paper 2 Code 55 Study Material Labour Laws Study Material Introduction “Gratuity” is a retiral benefit which is paid by an employer to an employee in consideration of his past services at the time of his retirement or after his death. In the case of employment coming […]

Performance Appraisal – Meaning, Definitions, Features and Evolution

Performance Appraisal – Meaning, Definitions, Features and Evolution     Performance appraisal is the process of evaluating an employee’s performance of a job in terms of its requirements. It involves assessment of the actual performance of an employee against what is expected of him/her. Such assessment is the basis for awarding promotions, effecting transfers or […]

Job Analysis – Definition, Uses, Process, Techniques

Job Analysis Meaning, Definitions, Important terms, Features, Objectives, Uses, Process and Techniques   Meaning Job analysis is a formal and detailed examination of jobs. It is a systematic investigation of the tasks, duties and responsibilities necessary to do a job. Definitions According to US Labour  Job analysis is the process of determining, by observation and […]

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