Wednesday, February 26, 2020
Employee Reaction Assignment Example | Topics and Well Written Essays - 250 words
Employee Reaction - Assignment Example The level of innovation comes into focus in this case. The more innovative an employee is at the workplace, the greater the chance that he or she will be a valuable asset to the organization. In this case, the compensation for such an individual will be high. This is for the purpose of maintaining them. This is especially bearing in mind that other organizations may be looking for such individuals and offer them even greater pay packages (WorldAtWork, 2007). The requirements of the job ought to be clearly highlighted. This is especially in the case of the employees. For this reason, the employees will apply for job positions while knowing what is in store especially in the case of their compensation. At times there is the issue of signing up for a job without the knowledge of what the implications of the job are. 5. Is it relevant for employees to state the amount of compensation they would like? To a greater extent it would be relevant. This is because it is the employees who know how much work they have to do and what is in store in the course of their duties. However, in most cases, the quoted figure would be high. For this reason, the management ought to negotiate with the employees on matters to do with compensation until a valid figure is reached (WorldAtWork,
Monday, February 10, 2020
Case study (Implement a marketing solution) Assignment
Case study (Implement a marketing solution) - Assignment Example Answer: 1. Mail - The major advantage of the mail interview is that the respondent can respond to the questionnaire at his convenience. The major disadvantage is the low response rate. Only 20-40% of the respondents reply to mail interviews. 2. Telephone - The cost of conducting the interview is the major advantage in this type of research methods. The problem in these types of research is the response level is low even here. This is because only one call per six calls is picked up. 3. Face-to-Face - The advantage with this kind of research method is that, it is possible to know whether the responses are fake or really true. The drawback is there may be bias on the part of researchers as well as respondents. Answer: Break-even analysis is a graphical and algebraic representation of the relationships among volume of output, costs and revenues. The two types of costs are the variable and fixed costs. The sum of the fixed and variable costs at a specific volume of output becomes the total cost at that volume of output. Both the costs are compared with the sales revenue and the level of sales volume is determined. Also the analysis reveals the level of production or the value of sales where the business would make neither a profit nor a loss. Such a point at which there would be no profit or no loss is termed as the Break-even Point. Answer: This kind of strategy is believed to be a very smart strategy followed by marketers or business ow
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