Speak with Mind

The market is changing consistently in every circumstance in the effect of the globalisation. The business organisations need to analyse the market situation, prospects of product demand in future, retention of existing market share and fusion with consumer behaviour changes. Hence, business organisations highly depend on the Research & Development department to sustain the market share in future. Research and Development department mainly focuses on developing a new product or service or re-launching a product. In some organizations, it helps in doing marketing research, The business organizations used to have two types of analysing methods, 1. In-house research agency 2. Outside research agency Most of the small-medium businesses are hiring the outside research agencies and large scale businesses are mostly own its in-house research department for their constant purpose. However, the businesses are spending the high cost with time on research and deve...

Squeezing economy, unemployment, anxiety about tomorrow life makes people hoard things unnecessarily. At the same time, we have enjoyed the lowest price in agriculture products during the lockdown period.  The traders and farmers are effects the retail economy is confronted in each side. Wholesale business is being closed by the extended lockdown. On the one hand, farmers are doing door delivery to avoid decomposing the excessive production at the lowest price. Is that good for the social economy? have you heard of farmers got committed to suicide and what could be the reason behind the scene? Profit margins are easily effecting the farmer's effort. In common the government mostly controls the minimum purchasing price to safeguard the farmers. The pandemic situation will turndown the farmers' life in the near future. Farmers' get into the debt trap if they received by local money lenders or microfinance companies. Because of the rate of return is higher than ...

“The idea of social responsibility requires the individual to consider his (or her) acts in terms of a whole social system, and holds him (or her) responsible for the effects of his (or her) acts anywhere in that system” Hawrysz and Hys, (2014). As the business entity has the responsibility for its internal customers. The employees are dedicating their every working minute to achieve the company's common goals. The organisation treat the employees in an ethical way to deserve their satisfaction.                                          Source; google images "CSR is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families, local communities and the society at large" (Najam 1999). Every business organisations are making an impact on society and the environment. The o...

The labour unions and Sri Lankan legislation are making employees feel them being work at safety environment. The high power politicians have to attract labour unions and workforce as usual of raising the voters' bank, they have announced and promise them to untruth and impossible benefits to bring when they got power. In case, if they came to the power of government the promises have been fly into the air. So the politicians misuse the collective power of labours, therefore people will neglect to join the labour unions in future. (source; Law and society trust, 2018).                                           source; google image I can show up the current political situation of the last held presidential election as an example, the former ruling party has promised to increase the basic salary to estate workers. But not had been done for their ruling period. The former ruling ...

The probability of any form of discrimination is an employee-facing unacceptable mental pressure leads to employee dissatisfaction. Recruitment and selections of employees to ensure that selection decision is free of discrimination or bias on the ground of sex, sexual orientation, race, age or disability Armstrong,(2014).                                           Source: Google images Now we commonly feel and knowing the sexual orientation in the Cinema industry and how to embarrass the ordinary audience views. The cinema industry reveals the truth of how the power and authority occupying to the human being. " #metoo " is very popular in every social media since the last year. There many complaints filed against actors, producers, directors and financiers in the total industry. The actress, singers and dancers face adverse moments to their first entering in the field. #metoo i...

SME and Microscale enterprises contribute to the major source of job creation and which also facilitate the economic growth of the country. Most governments are promoting and supporting by subsidiaries to SME and ME sectors. However, the sectors have to comply with labour law and regulations. Because in the SME and ME sectors are providing the poor working environments and safety precautions are comparatively lower than standard government recommendation.                                           Source; google images The SME and ME sectors are becoming the big challenge to maintaining the regulations and law amendments because the sector mostly prefers to maximise the profits by lowering the overhead costs. The employee wages are lower and working hours longer than for working in larger enterprises. Further, some employments unit workers are not having full-time or typical w...

The globalisation and enhanced the educational level on social community has changed the common design of working. The employers and business organisations should adopt the demand and supply the goods and services as on time. Therefore, every organisation should be in a stand by positions to face the market conditions and vary from its competitors to provide the solutions to its customers and sustain in the market. So, organisations tend to hire experts and freelancers to manage upcoming situations. The situation on demand is made alternative employment methods and creating new forms of employment. Eurofound has identified and listed the types of modern working practices such as, Employees sharing/job sharing Interim Management Voucher based work Casual work ICT/mobile work Portfolio work/crowd employment Collaborative self-employment.                                       ...

The years and decades, we had passed with revolutions, riots, boycotts and mutual agreements to gain the employee rights as in order. But, do we think the employment laws and regulations really protect the employees? Simply, the labour law providing the funds' to ensure employee safe living when he/she was leaving from as the workforce such as receiving EPF/ETF payments, profit sharing. But, do you think, every employee of Sri Lanka has entitled to provident or trust fund. The government has created to protect all type of employees in Sri Lanka. But the large business entities have complied with the basic employee regulations, the same time it has expected from every business owner of Sri Lanka.                                           source; google images Most of the small scale traders and shop owners are not much consider social safety for his employees. They try to cov...

Predominantly, in most societies, both men and women have to work to overcome the economic instability. So, a woman working in the means financially assist her family or her passion. However, they perform different chores and tasks which has difficult impacts and outcomes in general. Working women play multiple roles in their family surroundings. They face hard times as women in the common workforce. Every government has a set of special laws to protect women, who are in the employment market. In Sri Lanka, the industry-wise labour act s and laws are performing various types, such as Shop and office and Wages boards. Those laws monitored by the labour department of Sri Lanka.  Commonly known, the women who were work in overnight (above the 10.00 pm) is subject to approved in Sri Lanka. Further, the women are prohibited to do masculinely works as per the law Labour law of Sri Lanka (2006). As per the Shop and Office act,  If any women work overnight in an organisation sho...

We have hit the 100 years of International Labour Organization (ILO) in 2019. But, fight against the child labours is not has coming to end. Firstly, we identify who is considered as child labour. Children, who are deprived of their childhood. They have throwaway education and their childhood for the money. Child labours are mostly engaged to work for winning poverty and starving, Lack of education facilities, Negligence and social irresponsible of ours. Sahan, J. (2015) As we are Sri Lankans we all afford free education. The government keeps trying to get out people form socio-economy struggle. However, in the current situation, we can point to seeing the children selling the incense sticks in the street sidewalks and selling bunch fruit bags in the main roads. Some of them assist with one elder person, who may be the conductor of the child and that business. We just passing them without asking anything. How many of us spend time with them? Figure1. courtesy; Ideas in Action...

This shows how unity is getting strength. In a real scenario, employees are facing more practical challenges in their work span. In large scale organizations rarely concern individual labour problems. So, the labourers are together for common reason that makes employer attention and questioning and gains their needs simply call "collective bargaining". Venn, .(2009) Labour unions are formed by the employees within the workplace to safeguard employees from bourgeois society. The unions protect employee rights. The unions are performed against the proper wages, working hours, employee safety, employee benefits, harassment, favouritism and unfair dismissals. Labour unions are more powerful associations in the monopoly market such as; Petroleum co-operations, Railway unions, doctors unions, educational unions and etc. Union were formed within the government and semi-government departments in Sri Lanka. These unions are associated with the bargaining power of government empl...