Contract Formation as Agreement and Legal Duty A contract is a legal agreement between two or more people. It is not just an agreement; it also comes with legal responsibility for both parties and it has two main parts: Agreement: This happens when one person makes an offer, and the other person accepts it. Both … Read more
Question: Grievances are usual to occur in every organization, so what different approaches can be adopted to handle grievances? Explain. Answer: Grievances are a natural part of any workplace, as people with different backgrounds, expectations, and personalities come together to work. How an organization handles these grievances can make a significant difference in maintaining a … Read more
Disciplinary activities in organizations are actions taken to address employee behavior that violates workplace rules or policies. These activities aim to maintain order, ensure productivity, and create a positive work environment. However, if not handled properly, disciplinary actions can lead to conflicts, low morale, and even legal issues. Below are some major examples of disciplinary … Read more
New Entry Exploitation Strategies New entry refers to the process of offering a new product to an established or new market or offering an established product to a new market. It also involves creating a new organization. New businesses need smart strategies to enter a market and compete successfully. Here are some simple ways entrepreneurs … Read more
Question: Do you think grievances in the workplace are common issues for management in the organization? Explain with reference to the Nepalese context. Yes, workplace grievances are indeed common issues for management in organizations, and this is true even in the context of Nepal. Workplace grievances refer to the concerns, complaints, or dissatisfaction that employees … Read more
Employees join trade unions for various reasons, all centered around improving their working conditions and protecting their rights. Here are the main reasons why workers choose to join trade unions : Main Steps in the Collective Bargaining Process Collective bargaining is the process where unions and employers negotiate to reach an agreement on workplace issues. … Read more
Sources and Generation of New Ideas Entrepreneurs constantly seek new ideas to create innovative products and services. These ideas come from various sources and are developed using different techniques. Some of the sources of new ideas are as follows: 1. Customers – Customers are the heart of any business, and their preferences keep changing. Businesses … Read more
Methods for Idea Generation and Problem-Solving Idea generation is the foundation of entrepreneurial success, as it helps in developing innovative products, services, and business models. Entrepreneurs use various techniques to generate ideas and solve problems effectively. Creative problem-solving helps generate new ideas and find effective solutions. Here are some simple methods to think creatively and … Read more
Question: What is a Grievance? Explain the formal process of handling grievances in an organization. Answer: A grievance is a formal complaint made by an employee about workplace issues that negatively impact their rights, job satisfaction, or well-being. These issues can include unfair treatment, harassment, discrimination, salary disputes, unsafe working conditions, or conflicts with coworkers … Read more
A trade union is an organization formed by workers to protect their rights and interests in the workplace. It represents workers in negotiations with employers on issues like wages, working conditions, benefits, and job security. Trade unions also provide support to workers during disputes and advocate for better labor laws and policies. Their main goal … Read more