Common law entitles employers to know all facts about a prospective employee that are relevant to a job application. That is, the employee is obliged to:Divulge information relevant to the decision to appoint where it is clear that the employer requires such informationAnswer certain questions truthfullyDesist from exaggerating job qualifications.DIVULGING RELEVANT INFORMATIONFor example, where an […]
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What is a research proposal? A research proposal is a document which outlines the process of a proposed research project. It is commonly used in the fields of science, business and academia. The uses of a research proposal include: to apply for the funding or financing of the research project; for authorisation/approval of certain parts […]
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What is a project plan? A project plan, or project management plan, is a formally approved document created by a project manager to execute, manage and control a project. It is an agreement between the project manager, project sponsor, project team and key stakeholders. The project plan and the project charter are the most important […]
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What is a competitor analysis? A competitor analysis investigates the strengths and weaknesses of a company’s industry competitors. Basically, a competitor analysis is doing a SWOT analysis, but for the competition instead of your own company. The purpose of a competitor analysis is to develop a strong marketing strategy. It is an important part of […]
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Under labour law employees have the procedural right to a fair hearing before being disciplined or dismissed for misconduct or poor performance. The following is a checklist of employee rights that employers holding disciplinary hearings must adhere to – the right to:prepare for the hearingthe assistance of a representativean interpreterbring witnessescross examine witnesses brought against theman […]
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What is a gap analysis? The definition of a gap analysis, according to BusinessDictionary, is “a technique that businesses use to determine what steps need to be taken in order to move from its current state to its desired, future state.” It measures the difference between the two different states by forcing the company to […]
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What is a SWOT analysis? A SWOT analysis shows the impact internal (strengths and weaknesses) and external (opportunities and threats) positives and negatives can have on a company, industry, product, place or person. The definition of the SWOT analyses of a business is a planning tool used to develop a solid business strategy. It can […]
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What is a business case? The definition of a business case is a decision-making tool that weighs the benefits and costs of starting a business project. It is usually a written document, but can also be stated verbally. The purpose of a business case is to justify the allocation of funds and resources to a […]
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What is a budget? In short, a budget is a financial plan. It is a financial document used by individuals or companies to project future income and expenses. A budget is a vital business tool as it determines the profitability of a company by controlling and monitoring expenses, revenue and cash flow. If the company’s […]
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What is a marketing plan? A marketing plan is a business operational document which describes a company’s marketing objectives and how they will be accomplished within a specific timeframe (usually the next year). A good marketing plan is crucial to the success of a company. A marketing plan can be included as part of the […]
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