Even though the Brita products are a bit more expensive, people are willing to pay at that price for greater tasted water. Since Clorox is so successful, they have a significantly large marketing and R&D budget and that is where Clorox’s advantage is against their competitors. Clorox can further use this advantage. For example, Clorox can increase their advertisement either on TV or radio to attract new customers and to gain brand recognition. Clorox can also put more efforts on designing new
They decided to give applicants the retail market knowledge exam, the Marshfield customer service biodata questionnaire and essay, Marshfield applicant exam and the personality exam. In my opinion of the four assessments, the retail market knowledge exam, the Marshfield customer service biodata questionnaire and personality exam will work best for the company. This will provide Tanglewood with applicants’ experience and basic knowledge of marketing principles. The biodata will access past performance in and outside the work place. The personality exam will access the two traits that are relevant to a store associates position, capturing the constructs of conscientiousness and extraversion.
Ensuring that their compensation is competitive with the market and valuing the employee’s opinions are just two ways to accomplish this. However it is done, a happy workforce is a productive workforce. Reference Robbins, S. P., & Judge, T. A. (2011). Organizational behavior (14th ed.).
An activity can have more than one cost driver attached to it. For example, a production activity may have the following associated cost-drivers: a machine, machine operator(s), floor space occupied, power consumed, and the quantity of waste and/or rejected output. (BusinessDictionary.com, 2013)" I think the company would do better with Activity Based Costing (ABC) because this allocation method is more accurate because it takes all cost related factors into consideration. The first way the company was allocating department costs was and even three way split, which was undercutting Fabricating, which needs more funds, and this method was overcompensating Laminating and Assembling, which require less. With the ABC Method, the costs are factored by the different cost drivers, such as machinery, staff, number of parts needed, amount of products made, as well as direct material costs and direct labor hours.
After the market research has been measured over time the business should be able to use the information to improve the business and assist customer’s needs. Market research also gives the business an idea for how much customers would pay for the product. Primary Research is new data that has not been collected before. It allows business to focus on customer’s needs and interests. The advantages of primary research are that the information is up to date and it helps answer businesses questions.
This position will also allow you to build a stronger relationships with customers and train new sales representatives. The information contained in this Total Compensation summary is intended to provide a brief, easy to understand description of the various plans sponsored by InterClean. The detailed provisions of these plans govern the actual rights and benefits to which you may be eligible. . ( www.SMU sample compensation plan).
Ethical pragmatists think that norms, principles, and moral criteria are likely to be improved as a result of inquiry. According to the reading “Quadrant I is where most of the ethical arguments for diversity in the workplace are likely to be located (Harvey, 2012)”. These teleological ethical arguments are similar on the surface to the pragmatic economic justifications for diversity. Using the matrix approach is a useful way to think about the possible relationships between pragmatism and ethical choices and ultimately aid in the business diversity program. 2.
Our target population is the Kansas City metro area. One of the most important parts of the proposed program is the internal system of intra firm competition. Using known employees and motivational tools this program should provide a lot of opportunities for improvement. The costs of performance on this program are modest relative to the impact of the profit. We will utilize part-time employees at the beginning and graduate to full time on an as needed basis.
The validity of the data also increases through the flexibility of informal interviewing, leads can be followed up and the respondent can take the interview in the direction they want. Structured interviews are a good way of doing social research. They have a high responde rate compared to postal questionnaire. The problem with them is that they are prone to bias. They also consume a lot of time and are expensive.
A more recent trend has been the idea that ‘bundles’ of best practices can work in synergy with each other to produce even better performance (Legge, 2005, p. 24) As mentioned, ‘best practice’ is a universalist approach to HR strategy which can be further categorised into ‘micro’ and ‘macro’ levels. Micro level best practice is widely acknowledged by researchers and practitioners such as Delery & Doty (1996), and is concerned with outlining best practice models on a small, individual scale; for example, when conducting interviews or performance appraisals. Using many individual best practice guides such as this are known as