F11-076 - NGUYEN PHUONG THAO.v.1.1.docx

Additionally this analysis will consider the human

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Additionally, this analysis will consider the Human Resource requirements, including the Purpose of Human Resource Management (HRM), Critical Issues Related to Workforce Planning, and an Assessment of the HRM Process to open a branch in My Dinh. Introduction Viet Nam Joint Stock Commercial Bank for Industry and Trade was etablished on March 26, 1988, on the basis of separation from the State bank of Viet Nam. 1.1 : The differents types and purpose of organisations: There are many different types of organisations that are set up to serve a number of different types purposes anf to meet a variety of needs. They come in all forms, shapes and sizes. All business try to achieve their objectives, are accountable to stakeholders, need to be managed, have to meet legal requirements and have a formal structures. Any business involves people and
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resources to do one of two things, the first one is to make produce or goods to be sold and the second one is to provide services to be sold. There have three main types of organisation: Private sector: Private organizations are found on personal interests. The enterprises is open on the basis of voluntary, self-sufficiency and self-responsinility without any intervention by the State. The profit of the business belongs to the business owner, the production of goods and long-term survival thanks to the human resources fo rce in the main. They create their own goods, generate their own profits, and they also have their own methods to meet the needs of their customers based on various criteria to attract the attention of customers to this kinds of business. This business include of three main kinds: Sole trader: are single individuals carrying on a business on their own, such business are ussually small, although large ones with soe managerial delegation do exist. The sole traders earns the profit or covers the losses of his or her venture. Rightfully, the business affairs of sole traders are not distinguished in any way from their personal affairs. If they incur a debt in their business dealings anf the earnings of that business dealing and the earnings of that business are not adequate to pay the debt then the creditor can require payment out of the trader’s non-business property. Sole traders who develop into a partnership often find difficulty in adapting to the need to cunsult others before nay major decisions can be taken. Partnership: Partnership organisations mean two or more people working together to open a business. Each member of the board of directors contributes a certain amount of capital to build a business to agee a way of dividing the profits and wages under that agreement. Similar to the Sole trader, each partner is an intergral and indispensable part of the business, they are responsible for the parties involved in the event of a business incident or risk.
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Companies or Corporation: A corporation or companies formed by a corporation hasc its own identify in the responsibility of the owner and the shareholders. An individual set up a company and sharehalders contribute capital to bulid and regulate the company. Instead, when a business
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  • Winter '18
  • Labour economics

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