RFID based Attendance Management System

This paper presents the Radio-Frequency Identification (RFID) based attendance management system for the employees of a company, institute, or organization. This system is developed for a daily purpose attendance recording system in every organization. In every corporate organization or company, a proper attendance management system plays a vital role in managing the salaries of employees. As we are all aware that proper maintaining of attendance will help the organization to track the regularity and sincerity of employees towards their occupation. And now in this digital world maintaining attendance manually using pen and paper has become outmoded. In earlier days, when the employees gave their attendance using pen and paper then discrepancies occurred in the entries by employees and for this during the time of entry even if the employee was late they are not marked accordingly, and there led to the improper evaluation of attendance. The time comes when the management analyses the record of each employee’s attendance and there arises a big issue with date and time and that particular employee’s attendance can be analyzed over the month. To overcome these shortcomings we had developed a system that not only removes the tedious task for tracking attendance manually but also helps in maintaining a system of records that will also help the organization with the proper and appropriate evaluation of salary, regularity, and even punctuality of an employee’s attendance. The main purpose of developing RFID based attendance management system is to computerize the attendance of each employee in an organized manner. Each employee of that organization will be having their ID card and the backside of the ID card is having an RFID tag and as employee scan their id card while entering, then their necessary details will automatically get stored in the database and which can be then computed.

Conceptualization of Machine Learning in Economic Forecasting

Economic forecasting is a very important aspect that policymakers in the financial and corporate organization rely on because helps them to determine future events that might infringe some hardship on the economy and the citizens at large. However, the principal statistical pointers that are available to the public domain provide numerous reservations and doubts for their economics estimates as it is later released with frequent issues to major revisions and also it shows a great lag in decision making for an incoming event. To this effect, the expansion of the latest forecasting patterns was important to address the gaps. Hence, this paper examines the conceptualization of Machine learning in economic forecasting. To achieve this, the Italian economy was used as the dataset, and machine learning controlled tools were used as the method of analysis. The result obtained from this study shows that machine learning is a better model to use in economic forecasting for quick and reliable data to avert future events.

Aligning Sourcing and Compliance Inside a Global Corporation

This chapter focuses on a detailed investigation of a global retailer's attempt to integrate sourcing and compliance as a way to increase the coupling of private regulation and worker outcomes. The case study shows how this global retailer successfully aligned its sourcing and compliance activities and offers lessons for the rest of the industry. First, the case implies that it is highly unlikely large companies' compliance departments can establish the linkage between compliance and sourcing on their own. Second, it is worth noting that the linkage would not have been possible had it not been for a well-developed compliance system already operating for many years with a high profile in the corporate organization. Third, developing a software architecture that included comprehensive supplier scorecards facilitated linking compliance with sourcing. Fourth, the Pangia case highlights the transactional mentality that permeates sourcing operations in the apparel industry. Fifth, the case makes clear that changing the transactional mentality may well require a change of talent. Sixth, benchmarking with firms outside the industry was crucial for learning new lessons. And the final lesson is that vendors will respond to incentives to change their behavior.

Noble associations in modern Russia

The author made an attempt to study the role of the descendants of the nobility in the new socio-economic and political realities of Russia at the end of the XX - first decades of the XXI century. The author focuses on the processes of recreation and subsequent activities of noble societies. The basis of the source base was a series of interviews with the descendants of the nobility living in the territory of the Russian Federation and in the countries of the post-Soviet space. The research identified the stages of development of the noble organizations, the main aspects of their activities. A comparative analysis was carried out with the pre-revolutionary noble corporate organization, which made it possible to characterize the main ideals of this social group and to make a comparative analysis with the value system of the class of the pre-revolutionary period. The range of problems faced by noble societies in modern Russia is highlighted. The results of the study can be used to comprehensively characterize the activities of corporations of the nobility in Russia, as well as the activities of the descendants of the nobility in the modern world.

Sophisticated Financial Engineering and Tax Arbitrage

This chapter delves into the inner sanctum of corporate organization in order to find evidence of rise or decline in the use of techniques of tax arbitrage by the corporate sector within the EU region. We follow then with an analysis of the use of sophisticated financial instruments in tax mitigation techniques in the EU to assess the impact of finance-oriented tax mitigation techniques. Our conclusion is not positive. It appears to us that in comparison with the US (and possibly China), the European fiscal regime failed to address a core political issue. These political conditions encourage the use of those diverging rules and regulations one against the other and affect jurisdictional arbitrage with the overall aim of tax mitigation. Europe is emerging as the playground for international corporations’ tax arbitrage and financial techniques of tax mitigation.

Legal regulation of lawyers’ activities according to Justinian’s Digests

The article examines the normative regulation of the lawyers’ activities in accordance with the Digests as part of the Codifi cation carried out during the reign and under the leadership of Emperor Justinian the Great. This study is the continuing research on legal regulation activities of lawyers in accordance with the norms of the Code as the main legislative part of the Codifi cation, taking into account that that the legal regulation of public relations by norms of Digests was subsidiary to the regulation of their norms of the Code, but, nevertheless, the norms of Digests had an independent legal signifi cance. It outlines the main aspects, the regulation of which is contained in the Digests — the grounds and measures of disciplinary responsibility of lawyers, misdemeanors for which lawyers were subject to responsibility, grounds for appointing lawyers at the initiative of the court, issues of fee practice — and the norms regulating these aspects. All these issues are discussed in details in the context of the relationship between the advocacy and administrative justice system of the Roman Empire that had a signifi cant importance, since the bar, without having an independent corporate organization, was subordinate to the offi cials, governed administrative-territorial units Empires of various levels. At the same time, the importance of the rules under consideration is emphasized, which represent the opinions of lawyers that have received the force of law and provide an opportunity for conducting a comparative legal study of the problems of the advocacy.

Philosophy of the social policy in German conservatism of the XIX century

The article describes the attitude of the German conservative thinkers of the XIX century towards social policy. Works by Carl von Haller, Adam Muller, Wilhelm von Ketteler and Carl von Vogelsang are studied, the philosophic background of their views, and the im­pact of their arguments for the intellectual history of Germany. Their conservative cri­tique of capitalism and socialism is studied. The paper also analyzes the conception of “sustainable development” understood as an approach towards economy that is focused not on the increase of production, but on maintenance of acceptable level of welfare. The article presents ideas of corporate organization of society that can restore the har­mony of medieval social, political and economical relations. The ideology of aristocratic paternalism is explored together with its philosophical and religious foundations as well as its focus on the preservation of social peace and its concern about the needs of the pop­ulation. The article presents the claims of the conservative thinkers on the value of the nonmaterial components of the social life, which serve as the foundation for social policy, namely respect towards tradition, responsibility, service, trust, justice, frugality, religios­ity. The emergence of the German conservatism is explored in relation to Russian politi­cal philosophy. The article shows that the scientific and public activity of the German conservatives led to the introduction of social laws in Germany and Austria.

The Architect of Organizational Psychology

Globalization, used in the architect of the organizational psychology world, often evokes images of a shrinking world, in which accelerating flows of information and travel technology compares time and space in the relationships between world cultures, political economies and the built environment. In the world of organizational psychology, the field of organizational psychology is a byproduct of business (organizational behavior and management), psychology [clinical and industrial and organizational psychology (I/O)], and culture. The one common paramount connection between architecture and organizational psychology in the world of globalization is (or the corporate/organization) culture. Hence, the purpose of this chapter is the architect of organizational psychology, with an emphasis on culture. Specifically, Geert Hofstede's dimensions of cultural (corporate and organizational) identity, and how culture influences architecture and business in globalization.