Author: admin

Forest helps in production of timber, regulation of stream flow, control. Of erosion, recreation, provision of wildlife habitat etc. Advantages of Forest (i) Influence on Climate: The crowns of the trees hold the moisture in because the force of the wind is broken so it makes the forest cool in the summer and warm in the winter. Image Source: climatechange.thinkaboutit.eu (ii) Control of Runoff: ADVERTISEMENTS: Leaves and branches of trees break the impact of rain, causing it to drip rather than a strong force. Rain is absorbed by ground, reducing surface run off. (iii) Flood Control: Forested watersheds help in avoiding extremes of water flow so aiding in flood prevention. (iv) Wildlife Habitat Provision: Wildlife uses the trees and forest as food and shelter. (v) Prevention of Soil Erosion: Water…

No doubt HRA provides valuable information both for management and investors, yet its development and application has not been very encouraging. It is so because HRA suffers from some limitations. They are: Limitations 1. Not easy to value human assets: There are no guidelines differentiating the “cost” and “value” of human resources. The existing valuation system suffers from many drawbacks. After valuing human resources in a specific way, many of them may leave the organisation.Human life itself is uncertain and hence valuing the asset under such “foggy” conditions is not proper. Like physical assets, human assets cannot be owned, retained and utilised at the sweet will and pleasure of an organisation. Image Source: ccc.edu ADVERTISEMENTS: Hence, treating them as “asset” in the strict sense of the term would not be…

HR policies should possess the following characteristics: Characteristics 1. The HR policy should present the principle that will guide the organisation’s actions and reflect a faith in the ethical values of employees. ADVERTISEMENTS: As Peter Drucker has observed, “The policies of an enterprise have to be balanced with the kind of reputation an enterprise wants to build up with special reference to the social and human needs, objectives and values”.It should be consistent with the overall philosophy and objectives of the organisation, as well as with labour laws and public policy. Image Source: grow3.com2 The HR policy should be formulated after considering the long range plans and needs of the organisation.The policy should be definite, positive, clear and easily understood by everyone in the organisation so that what it proposes…