Multiple Regression Analysis Statistics Project Example | Topics and Well Written Essays - 750 words

Multiple Regression Analysis - Statistics Project Example Governments’ focus on improving labor force and imports are recommended for economic growth. Economic growth is an important factor to governments, whose responsibilities include availing resources for public utilities and ensuring good living standards that are dependent on economic well being. Governments also have the responsibility of ensuring good macroeconomic environment for economic competitiveness in the international scope. Gross domestic product is one of the indicators of economic growth and its value can be used to understand factors to economic growth and to inform macroeconomic policies in a country. This report analyses factors to economic growth with the aim of identifying significant factors. Human capital is one of the factors that have been associated with economic growth and according to Somashekar (N.d.), is directly proportional to growth. International trade and foreign direct investment inflow have also been associated with effects on a country’s economic growth. Foreign direct investments have diversified indirect and positive effects on economic growth. Imports and exports have also been associated with economic development and the factors have beet correlated with foreign direct investment flows (OECD, 2002). This paper investigate relationships between gross domestic product and employment rate, as an indicator of human capital, foreign direct investments, import, and export. The following hypothesis is tested. A survey design is used in the study with reliance on secondary data. The Central Intelligence Agency library is used as the source of data. Stratified random sampling is used to select countries, the research participants, and respective data identified. Four countries are selected from Europe, Africa, America, and Asia. Descriptive statistics and regression analysis are used to analyze the data. Each of the variables has high standard deviations and this suggest possible variations across other

Case Study in Human resource management Essay Example | Topics and Well Written Essays - 3250 words

Case Study in Human resource management - Essay Example This is why human resources should not be treated like physical, financial and technological resources. Every worker has needs, aspirations and expectations which he likes to be fulfilled at the place of work. It is the duty of management to provide opportunities to the workers to satisfy their needs and aspirations. The worker does not merely sell his services. He is a human being and wants good human relations at the work place where he spends between seven to eight hours every day. Good human relations are not created automatically. Deliberate efforts are required by the management to build and maintain good relations in industry. â€Å"Management must recognize the right of expression of the workers and give them adequate opportunity to have a say in the management of affairs, directly affecting their lives.† (Dr. Balu, V. R. 2002. (P.1-2, 5-10, 343, 346)). Thus, management of personnel or human resources encompasses not only the process of employment, training and development, communication, appraisal etc., but also achieving good industrial relations, which is a pre-requi site to sustain, which are higher productivity. Here, Grimshawls Quality Textiles, the clothing company has a reasonable reputation as a local employer. Their rates of pay are good for the area and they maintain an unproblematic industrial relations record through a most scientific and modern HRM practices because all these issues have to do with personal and industrial relations. In the textile company, the affairs were managed by the Managing Director and his Personal Assistant. The PA keeps the personal records of all employees in the company and the MD has published a number of personal policies to cover absence, discipline and regulation in the workplace. â€Å"The employees work behaviour, to great extent, will be affected by the work environment and the working conditions, such as working environment of