This misalignment was due to the fact that the technology would reduce the need for more base stations and ATT sales people were paid on the number of base stations sold. ISC would be powerless to motivate the sales force. Factors that favored the aftermarket decision include the fact that in the long term, these customers would be the ultimate adopters of the technology. In turn, these customers could demand that OEM install ISC’s products. While ISC would need to train and use their sales force and provide servicing, they would at least have control over the customer interaction from beginning to end.
Forests are intimately linked with our culture and civilization. They contribute significantly to the economic development of our country. The chief products which forests supply is wood which is used as fuel raw materials, new materials for various industries as pulp, paper, board, plywood, timber for furniture items. They also produce minor forest products like canes, gum, resins, dyes, tannins lac, fish etc. Forests shape natural environment by influencing factors such as temperature, humidity and precipitation.
Unit 4 D1-The relationships between job roles functions and organisations structure An organisational structure shows the way in which the chain of command works within the organisation. I’m going to demonstrate this by using a business. I choose unilever to be my business which I’m going to overview and see how their organisation structure which is matrix helped the business to become so successful now. There are different structures but I choose unilever because it is a matrix structure and this is the most complex structure compare to others. Unilever uses matrix structure because they are a global business where they have a combination of geographical divisions with product divisions.
Hurdle Rate based evaluations Hurdle Rate calculation involves beta, risk premium and riskless interest rate, and all these three factors are external to organization system. Without control over these factors, firm might end up with a low evaluation of a future project and decides not to start the project. However, in reality that project could have been very profitable to the firm. So these factors will end up impacting the performance of managers as hurdle rate, including external factors, doesn’t recognize the efforts of managers. Interest Coverage over Debt to Equity Interest Coverage Ratio
Another reason why I agree with their decision to move is that at the moment they are not getting as much profit as they forecasted so clearly operating in a Niche market is not working so it makes sense to move into a mass market and increase their sales. It could be argued that it is not a good idea for Shearings to try and appeal to a mass market and move out of the niche market. This is because they were getting a steady profit operating in a niche market so it is a bit of risk moving into a market they are unfamiliar with which could be a huge failure because they are spending lots of money trying to make it work like the £2 million on advertising and the further £35 million they spent on expanding to accommodate the new customers and if it doesn’t work they are left with a huge cash outflow and no where near enough inflows to cover it. Another reason why I would disagree with their decison is that in mass market are huge competitor like Thomas Cook, which could be more appealing to customers, as it is a relatively known name or because they may be able to offer lower prices, this would lead ton o increase in income and would lead to several problems. Overall I think the decison depends on whether the move is affordable as at
CVP analysis allows management to use variable cost to identify future performances within the company. This can also show disadvantages of managers not looking thoroughly through the companies performances. These managers tend to be ones who do not record their records thoroughly. CVP analysis tends to be a beneficial tool to management, but it is limited in the amount of information that can be provided for product operations. This analysis gives a hypothesis of what the question is made of, to give an advantage to management but continues to not be an exact procedure for management.
* Both DFD’s in Petrie Electronics case in Figure 7-1 and Figure 7-2 are not balanced correctly. The figure 7-1 diagram misses the process of how the company maintains the promotions for the customer and the 7-2 diagram has way too many steps and is kind of confusing and hard to understand. Because the figure shows multiple inputs from multiple sources it makes it somewhat difficult to read. In order for the two diagram to be balanced, we will need to show the additional sources and their inputs into the system and when the 7-1 and 7-2 diagrams have the same sources-inputs-outputs, the diagrams will be balanced. 2.
Blumberg felt the approach was too direct and halted it. Although, it is disappointing to see misalignment on sales strategies between the two organizations, this is one of the disadvantages of a joint ventures – loss of control. The sales numbers did show there is a demand for the Mark Maker in the U.S. and while, Sterling will not be renewing its contract with Blumberg, it will however be pursuing other agents - strategic alliances and/or joint ventures. Sterling will be cautious to enter into ventures and alliances only with agents that have a similar direct sales strategy. Sterling’s joint venture with Blumberg although not deemed a success, financially, it did provided insight into the entry strategies Sterling should be considering as it looks to expand to the UK as well as the countries who have enquired about selling and manufacturing Mark Maker’s.
With all of those pros to classifying a worker as an independent contractor you have to wonder why businesses choose not to. Along with those many benefits there are also a few disadvantages. Independent contractors, by definition, do not work set hours which means they are free to come and go as they please which could lead to schedule disruption. There are risks of disloyalty to the company that are increased by hiring as an independent contractor because their livelihood is not connected with the business entity. A third major disadvantage is that the “companies may not own the copyrights on materials created by independent contractors” (Durban, 2010).
1. What is the most compelling justification for attempting to calculate a return on marketing investment? a. The most compelling justification for attempting to calculate a Return on Marketing Investment (ROMI) is the discontent with traditional metrics, which does not allow managers to assess the future performance of their firm at any moment. While the traditional accounting methods are good to measure past performance and financial stature, it does not allow for managers to see the impact or value that marketing has on the bottom line.