3 Basic Concepts of Psychological Contracts Suggested by Rousseau and Parks

Essays
Rousseau and Parks believe that psychological contract is made up of three concepts: Concepts 1. An employee perceives the promise of an obligation by his or her organisation. ADVERTISEMENTS: 2. The psychological contract has to do with acceptance, which says that when the psychological contract is developed, both parties are responsible for holding up their own part of the contract.3. The organisation’s fulfilment of that promise. Image Source: ism.edu.ngWhen a person is hired for a particular job or position, whether there is a formal legally binding contract or not, the individual unknowingly tends to create a perceived contract with the organisation that he will be working for which is the person’s beliefs about what he or she “owes” the company and what the company owes in return.While this contract is…
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377 words short essay on An Ideal Teacher

Professions
377 words short essay on An Ideal Teacher (free to read). An Ideal teacher is the real nation- builder. At present our country is passing through great crisis.The politicians rule the roost. They have made a mess of everything. Even in the field of education, they poke their nose and make a mockery of it. Our country needs ideal teachers to deliver it from mis­ery. An ideal teacher alone can be a messiah, but, unfortunately, in the modern commer­cialized world, the voice of a teacher is not much heard of.But, then, every teacher is not an ideal teacher. Ideal teachers, like all Ideal species, are rare. Now a days, many though not all, teachers run after tuitions and thus after leading a life of pomp and show. Yet, on the…
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Short essay on My School/College Library

Languages
Short essay on My School/College Library for students (free to read). A library may be called the brain of a school or college. It is a store-house of knowl­edge. It caters to the needs of all kinds of scholars.My school/college has a big library. It is situated in a separate building and is surrounded by a green grassy lawn. It has a large reading room and two big rooms for storing books. There is another small room. It is meant exclusively to store newspapers, journals and magazines.In our school/college library there are more than twenty thousand books. Some of the books are meant for students especially, because they pertain to their courses and syllabi. But some books are of general inter­est. Most of the books by the great writers in…
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5 Factors Affecting Approaches to International Human Resource Management (IHRM)

Management
Factors affecting approaches to international human resource management (IHRM) are discussed below:While these attitudes have been a useful way of demonstrating the various approaches to staffing foreign operations, it should be stressed that the above categories refer to managerial attitudes that reflect the socio-cultural environment in which the internationalising firm is embedded. A number of factors influence the IHRM approach taken by an MNC.These include the level of international experience of the firm, the method by which worldwide subsidiaries are founded, the technology and the nature of the product or products of the MNC, etc. Image Source: premierebusinessexperts.com Factors 1. The nature of IHRM may be restricted by government policies and legal regulations in the host country.This is especially felt in developing countries, where management and technical training within the…
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If Winter Comes Can Spring be far behind? – Essay

Art
If Winter Comes Can Spring be far behind? – Essay (free to read). This is the last line of Shelley’s famous poem: “Ode to the West Wind.” The poet depicts the terrible effect of the west wind in different spheres.The line is an epitome of optimism. Though for the present the cold winter be the ruler all around, yet the very approach of winter means the impending arrival of the spring season soon after win­ter. Winter must at last come to an end. It must be followed by the colorful spring which brings colorful flowers and bird’s sweet songs. After all, the circle of seasons must continue moving unhindered.Day is followed by night and night by day. Similarly, in life every period of sorrow and despair has at last to…
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Short essay on Live and Let Live (free to read)

Religion
Short essay on Live and Let Live (free to read). In our life there can be several occa­sions when we may have differences with others. Two human beings cannot exactly be the same in physical structure or in mental make up.Variety is there in all nature and it adds up to the beauty of nature. So, vari­egated opinions are always more beautiful and charming. They add taste to dull and desolate human life. They are the essence of democratic thinking. Regimentation, uni­formity and similarity are the attributes of a Dictatorial and Fascist attitude.There have been great cruelties and persecutions in the world in the name of religion, nation, race and caste. Innocent people have been tortured and maimed. Even little children and women have not been spared. Ever since the…
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How to audit the share capital transactions of a newly established company?

Applications
Audit of Share Capital: The auditor should examine the following books and documents for the purpose of auditing Share Capital newly issued: (i) Memorandum of Association, ADVERTISEMENTS: (ii) Articles of Association, (iii) Prospectus, Image Source: consumedmediacom.c.presscdn.com (iv) Directors’ Minute Book, ADVERTISEMENTS: (v) Application for Shares, (vi) Application and Allotment Book, (vii) Copies of Letters of Allotment, (viii) Copies of Letters of Regret, ADVERTISEMENTS: (ix) Letters of Calls, (x) Calls Book, (xi) Share Register, (xii) Cash Book, (xiii) Pass Book. For the purpose of audit, the Share Capital of a company may be put under two heads: I. Shares issued for cash. II. Shares issued for consideration other than cash. I. Shares Issued for Cash: The entire procedure may be divided into three stages: (1) Receipts of applications along with the…
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7 Key Components of an International Compensation Programme

Currency
Key components of an international compensation programme are as follows:The major focus of most international compensation programme is to keep international employees at a sufficient financial level during their international assignments so that they do not lose ground economically. Image Source: middlemarketcenter.org ADVERTISEMENTS: Components of an international compensation package, in addition to the normal salary and benefits offered in the home country, frequently include the following. These components are discussed below: Components 1. Base salary: For expatriates, the term base salary means the primary component of a package of allowances which are:(a) Foreign service premium,(b) Cost-of-living allowance, ADVERTISEMENTS: (c) Housing and utility allowance,(d) Basis for in-service benefits and pension contributions.Base salary may be paid in home or local currency or in some hard currency like pound or dollar. 2. Foreign…
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Is Political Science an Art or Science?

Writers
Aristotle, who is traditionally referred to as the father of Political Science, considered Political Science as the master of all sciences or the supreme science. Similarly, Sidgwik and Bryce consider Political Science as a science. But certain other persons like Maitland deny that Political Science is not a science. Aristotle, who is traditionally referred to as the father of Political Science, considered Political Science as the master of all sciences or the supreme science. Similarly, Sidgwik and Bryce consider Political Science as a science. But certain other persons like Maitland deny that Political Science is not a science. ADVERTISEMENTS: What is a Science? Before one examines the claim of political science to be called as a science, one ought to know what is the meaning of science. Science may be…
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Short essay on The Future of English in India

Languages
Short essay on The Future of English in India (free to read). Many people think that the teaching of English is playing havoc with our native regional languages. Even the protagonists of Hindi, our national language, are deadly opposed to it.They think that English is a foreign language and an average Indian can neither understand it, nor express himself in it. Moreover much energy of a child is being wasted in the learning of English. So English should altogether be abolished from this land.Quite opposed to this camp are the phil-Anglians. They believe that English has been in use in India for the last about two centuries. As such, English is no longer a foreign language. Innumerable words of English are being used in our language of daily use. Particularly…
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