8 examples of professional misconduct as defined in the chartered accountants act, 1949s (India)

Industry
Under Section 22 of the Chartered Accountants Act, 1949, professional misconduct has been defined as, ” For the purpose of this Act, the expression ‘professional misconduct’ shall be deemed to include any act of omission specified in any of the Schedules, but nothing in this section shall be construed to limit or abridge in any way the power conferred or duty cast on the Council under sub-section (i) of section 21 to enquire into the conduct of any member of the Institute under any other circumstances.” Clause – 1: ADVERTISEMENTS: “If he allows any person to practice in his name as a Chartered Accountant unless such person is also a chartered accountant in practice and is in partnership with or employed by himself.” According to this clause, no member of…
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13 Important Marketing and Technical Requirements for Good Packaging of a Product

Marketing
Important marketing and technical requirements for good packaging of a product are listed below: Marketing and Technical Requirements 1. Physical protection: i. Resistance against damages (shock, puncture, drop, crush)ii. Dimensions Image Source: jlt.com 2. Quality protection: i. Required shelf lifeii. Fitness packaging material for productiii. Barriers against light, oxygen, microbes, water, moistureiv. Protection of flavour, colour, etc. 3. Product promotion: i. Quality image ADVERTISEMENTS: ii. Display value, visibilityiii. Brand name promotioniv. Quality of decoration, printing, varnishing 4. Product information: i. Production recognition ADVERTISEMENTS: ii. Readability of textiii. Instructions for use, warnings, CE-markingiv. Information on weight, contents, keeps ability (legal)v. Name of manufacturer, seller, importer, origin. 5. Efficiency in use: i. Ease to handle, to empty, to open, to dispenseii. Pack stability, firmnessiii. Environmental acceptability, disposabilityiv. Child-proof 6. Convenience in use…
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Essay on the Consumer Movement in India (1740 Words)

Management
The basic idea behind the consumer protection movement is protection of the right of consumers. It was President Kennedy who declared the consumers’ rights for the first time in his message to the American Congress in March 1962.They were the right to information, the right to choose and the right to be heard.Later, International Organisation of Consumers’ Union added four more rights, viz, the right to redress, the right to consumer education, the right to healthy environment and the right to basic needs. These rights were incorporated in the United Nation’s Charter of Human Rights. The Government of India also recognised these rights later. Image Source: cdn.publishyourarticles.net ADVERTISEMENTS: The consumer movement exercises a considerable influence on the socio-economic environment of business. In a country like India where there is a…
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How to Maximize Returns from the Investments in Science and Technology in India? – Answered

Industry
In order to maximize returns from the investments in science and technology, it is necessary that policies covering S&T, Industry, Finance and Agriculture must be meaningfully intermeshed.The recent Industrial Policy has reserved only very few industries for the public sector, reduced the sectors where industrial licensing was earlier necessary, liberalised the procedures relating to technology acquisition and investment, removed the restrictions on large companies and redefined the goals of the public sector undertakings.For this, the technology development must take place in a competitive environment and the policy for industrial research and development should be appropriately reoriented. In the formulation of future policy for the industrial R&D, the spirit and guidelines of the New Industrial Policy must be followed. Image Source: current-affairs.org ADVERTISEMENTS: In consonance with the agricultural policy, S&T inputs…
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Essay on the Future of Youth in India (646 Words)

Industry
We are living in an era where the traditional forms and processes of teaching and learning are changing rapidly.The ancient ideal of the institutions of higher learning being a kind of cloister or an ashram where seekers of knowledge could abstract themselves from the persistent problems of daily life, and concentrate on higher values and principles, is no longer meaningful.One of the important aims of institutions of higher learning is to prepare the youth for work, to equip them for occupations, as well as prepare them for cultivated intellectual and human lives. ADVERTISEMENTS: The institutions of higher learning—the universities and colleges, come into contact with students in the formative stages of their life.The students not only study the prescribed syllabus but also acquire the intellectual equipment with which they face…
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7 Factors that Affect an Organisation's Human Resources From Outside the Organisation

Decision Making
Factors that affect an organisation’s human resources from outside the organisation are as follows:Personnel manager cannot perform his job in a vacuum as a number of environmental factors affect HRM. The environment furnishes the macro context and the organisation is the micro unit.Of primary importance here are the external influences of economic conditions, labour markets, laws and regulations and labour unions. Image Source: eastafricauniversity.net ADVERTISEMENTS: Each of these external factors separately or in combination can influence the HRM function of any organisation.The changes in the external environment of an enterprise have a profound impact on its personnel. These changes include technological obsolescence, cultural and social changes, policies of the government etc. ADVERTISEMENTS: The external environment consists of those factors that affect an organisation’s human resources from outside the organisation. Factors…
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Sources, Merits and Demerits of External Sources of Recruitment in Human Resource Management

Management
These sources lie outside the organisation. They may come through the following sources:(a) Advertisements(b) Employment exchanges(c) Campus recruitment ADVERTISEMENTS: (d) Unsolicited applicants(e) Labour contractors(f) Employee referrals and(g) Field trips Image Source: leecountync.gov Sources (a) Advertisement: Advertising in newspapers, trade journals, and magazines is the most frequently used method.In order to be successful, an advertisement should be carefully written. If it is not properly written, it may not draw the right type of applicants or it may attract too many applicants who are not qualified for the job.Therefore, a well- thought out and planned advertisement for an appointment reduces the possibility of unqualified people applying.Organisations often spend large amounts of money and time on advertisements. A well-designed advertising copy should contain the following four basic steps: ADVERTISEMENTS: (i) Attracting attention(ii) Developing…
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Top 12 Requisites of a Better Monetary Incentive Plans for Employees

Management
An incentive scheme is based on three basic assumptions. They are: Requisites 1. The belief that money is a strong motivator.2. There is a direct relationship between effort and reward and this relationship can be systematically related. ADVERTISEMENTS: 3. The worker is immediately rewarded for his efforts.Though monetary incentive plans do motivate employees, these plans will not be effective unless certain requisites are met.Several authorities on the subject have suggested a list of requisites that monetary incentive plans should meet if the incen­tive method is to be attractive to the employee. These requisites are given below: Image Source: static.guim.co.uk ADVERTISEMENTS: 1. The relations between management, supervisory staff and workers should be cordial and free from suspicion. Management must, therefore, ensure associa­tion of workers during the development and installation of the…
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Short Speech on Pollution

Industry
The major problems of the environment are recognized as global climatic change, ozone depletion, water and air pollutions, deforesta­tion and resources degradation.23 billion tones of carbon dioxide is released in the air by burning fossil fuels causing Greenhouse effect. The Greenhouse gases are mainly contributed by the industrialized nations.By the middle of 21st century, earth’s temperature at present level of heat emission would go up by one to three degree Celsius and the sea level would rise between 30 to 100 centimeters. ADVERTISEMENTS: India has witnessed alarming environmental degradation in the last two decades. It is the sixth largest and the second fastest producer of Greenhouse gases.The key environmental pollutions related to indus­tries in India are water pollution, soil erosion, ground water contamina­tion and deforestation. Indian rivers are also suffering…
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357 Words Essay on Strikes

Industry
Strike can be defined as the denial to do work by an organized group of workers. Then they are said to have been gone on strike.The associations of the workers raise some demands before the manage­ment and stops work upto its fulfillment. ADVERTISEMENTS: There is not a common opinion of people regarding these strikes. Some are of the view that strikes should be declared illegal and should be stopped with iron hands.But some have other opinion about it. They say that they are the natural offspring’s of our industrial system. Image Source: libcom.orgBefore industrialization workers were at the mercy of their masters but after industrialization unions of workers came into existence to safe­guard the interests of the workers.In the previous days the worker had to compromise with the dictates of…
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