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Definition of Commercial Bank by Different Authors
Definition of Commercial Bank by Different Authors: According to Prof. Roger, “The bank which deals with money and money’s worth with a view to earning profit is known as a commercial bank.” In the words of (Daiff, Kirat Daiff) “Commercial banks are a financial institution based on trade funds, craft their basic as they act…
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Definition of Central Bank by Different Authors
Definition of Central Bank by Different Authors: The Bank of International Settlements defines “A Central Bank is the bank in any country to which has been entrusted the duty of regulating the volume of currency and credit in that country” Some specialized Bankers, Economists, and thinkers have given different definitions: “ A central bank is…
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Definition of Entrepreneurship by Different Authors
Definition of Entrepreneurship by Different Authors: According to Schumpeter ” Entrepreneurship is based on purposeful and systematic innovator. It included not only the independent business but also company directors and managers who actually carry out innovative functions”. Robert K. Lamb (1952) defined “Entrepreneurship is that form of social decision making performed by economic innovators.” Robert…
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Strategic human resource management definition by different authors
Strategic human resource management definition by different authors: “Strategic human resource management means formulating and executing human resource policies and practices that produce the employee competencies and behaviors that the company needs to achieve its strategic aims” (Gray Dessler, 2008) According to Henry and Pettigrew, 1986. ” Strategic HRM is concerned with seeing the people…
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Human Resource Management Definition by Different Authors
Human Resource Management Definition by different authors: According to Flippo, HRM is “planning, organizing, directing and controlling of the procurement, development, compensation, integration, maintenance, and separation of human resources to the end that individual, organizational and societal objectives are accomplished”. Robbins and Decenzo define ” HRM is a process of acquiring, retaining, developing, terminating and…
