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UGC Lifts Ban on NMIMS: A Landmark Decision for Education Aspirants 2024-2025

In a significant move, the University Grants Commission (UGC) has lifted the ban imposed on Narsee Monjee Institute of Management Studies (NMIMS), allowing it to resume offering online and distance learning programs. This decision marks a turning point for both the institution and thousands of students across India and abroad who aspire to study at …

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Ethical and Social Implications of AI : MCQ’s & Solutions

What is “algorithmic bias” in the context of AI systems?a) The intentional design of algorithms to favor a particular groupb) Systematic errors that lead to unfair treatment of certain groups due to skewed training data or flawed algorithmsc) Bias introduced by human errors during system deploymentd) Variability in algorithm performance across different environments Answer: b) …

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Skills Inventory in HRM

Human Resource Management (HRM) is a critical function within an organization that focuses on managing and maximizing the effectiveness of the human capital. Skills inventory is an essential component of HRM, as it plays a significant role in several aspects of managing human resources. Here are some reasons why skills inventory is important in HRM. …

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Globalization and its impact on Management

Globalization refers to the increasing interconnectedness, integration, and interdependence of countries and economies around the world. It is a multifaceted phenomenon that encompasses economic, political, technological, social, and cultural aspects. Globalization has been facilitated by advancements in transportation, communication, and information technology, which have significantly reduced barriers to the movement of goods, services, capital, and …

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Workforce Diversity

Workforce diversity refers to the inclusion and representation of individuals from various backgrounds, demographics, and identities within a particular organization or workplace. It encompasses differences such as race, ethnicity, gender, age, sexual orientation, physical abilities, religion, socioeconomic background, and more. Workforce diversity recognizes that individuals bring unique perspectives, experiences, skills, and talents to the workplace, …

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Hawthorne studies

The Hawthorne studies were a series of experiments and investigations conducted at the Western Electric Hawthorne Works in Chicago, USA, between 1924 and 1932. These studies, led by a team of researchers from Harvard University, aimed to examine the relationship between workplace conditions and employee productivity. The findings of the Hawthorne studies had a profound …

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Business Law – Question and Answers

Explain what is Free Consent and the instances under which Free Consent in an agreement would be affected. Please provide examples for each of such instance. ANSWER Free consent is a fundamental principle in contract law, indicating that parties involved in an agreement must willingly and voluntarily enter into the contract without any external pressures …

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