...“I Met My Goal, Now Where is My I-Pad” The effects rewards have on motivation and job performance T. Burt GM 591:Leadership and Organizational Behavior 06/19/2011 Literature Review Schermerhorn, Hunt, Osborn & Uhl-Bien (1997) defined motivation as the forces within an individual that account for the level, direction, and persistence of effort expended at work. They examined both the content theories, and process theories of motivation. They gave a detailed description of each theory which explains how the needs of individuals lead to motivation. There was an examination of intrinsic and extrinsic rewards and the pros and cons of each were discussed. Rollins (1987) examined the pros and cons of pay for performance. He concluded that the many pay for performance programs fall short of the model standards. Many organizations have a budgeted amount for merit increases and therefore they do not always fully compensate an employee for their performance. For those organizations that do not agree with pay for performance they must come up with other ways to motivate employees Kurland (1995) challenged organizations to look at how rewards could lead to unethical behavior. In some instances employees may try to beat the system in order to receive a reward. As was the case with Sears Roebuck and Company whose employees were charging employees so they could receive a higher commission. Leonard...
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...A Comparative Analysis Of The Effectiveness Of Three Solvency Management Models By Enyi, Patrick Enyi Ph.D, MBA, B.Sc, ACA, ACCA, MFP, RFS. Fellow, American Academy of Financial Management (AAFM) Member, American Accounting Association (AAA) Head, Department of Accounting, Covenant University, Ota, Nigeria A Comparative Analysis Of The Effectiveness Of Three Solvency Management Models Abstract The introduction of the Altman’s Z-score model in 1983 and much recently the Enyi’s Relative Solvency Ratio model in 2005 has divergently provided financial analysts with alternative methods of analyzing corporate solvency which hitherto was exclusively done using the traditional historical record based ratio analysis, with particular reference to the current ratio. To test the relevance and effectiveness of the three models, real life performance data were extracted from the annual reports of 7 quoted companies, analyzed using the three models and the results compared to show the strengths and weaknesses of each. The result revealed that the current ratio and the Z-score models suffer from many limitations including imprecision while the Relative Solvency Ratio combines the capability of an effective indicator with the precision required of a true predictor. Keywords: Solvency, Liquidity, Ratio Analysis, Bankruptcy, Performance, Relative Solvency, Working Capital, Current Ratio, Current Assets, Balance Sheet 1. Introduction It is a proven fact over and throughout...
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...Marketing Communication and Personal Selling CHIPS AND DIPS ARE HARDLY BIG-TICKET ITEMS. MOST PEOPLE DON’T THINK TWICE ABOUT THE BAG OF CHIPS OR CHEESE SNACKS THAT THEY THROW INTO THEIR SHOPPING CARTS. CONSUMERS JUST KNOW THAT THE FRITO-LAY NAME AND ITS BRANDS MEAN GOOD-QUALITY, GOOD-TASTING SALTY SNACKS. REVENUES AT FRITO-LAY, A SUBSIDIARY OF PEPSICO, GREW BY MORE THAN $600 MILLION—6 PERCENT—IN ONE YEAR ALONE. ANNUAL WORLDWIDE SALES OF FRITO-LAY SNACKS ARE OVER $10 BILLION. IMAGINE SELLING BILLIONS OF DOLLARS IN CHIPS A YEAR! Americans know Frito-Lay brands at sight: Doritos, Fritos, Lay’s, Cheetos, Ruffles, Rold Gold, and Baked Lay’s, to name its most popular. But how did Frito-Lay get where it is today? How has the company developed such astounding sales and loyalty among chip aficionados? Much of it has to do with Frito-Lay’s promotional plan, encompassing advertising, sales promotion, public relations, and personal selling. With a $30 million a year U.S. ad budget, Frito-Lay has plenty of opportunity to get its message of great-tasting snacks across to consumers. Frito-Lay has been a long-time repeat advertiser during the annual Super Bowl telecast, shelling out more than a million dollars for just one ad during the program. The vast audience provided by the Super Bowl telecast has proved to be an excellent launching pad for Frito-Lay’s new brands, such as Baked Lay’s Potato Crisps in 1995 and Lay’s Deli Style Potato Chips in 1998. Baked Lay’s went on to become the...
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...850 Hickory Oaks Circle, Collierville, TN 38017(901-861-0305(jhalebiz@yahoo.com | | |Jason C. Hale | |Objective | |To obtain a career opportunity with a company that will enable me to use my varied skills to contribute to the growth and continued | |success of the organization while offering the opportunity for professional security. | |Experience | |01/2009-05/2009 |Howard Johnson Inn & Suites |Columbus, GA | |Front Desk Agent/Night Auditor | |Greet all guests and assist them with checking in and out of hotel. Answer any questions guest may have concerning hotel and area. | |Answer telephones and assist guest with same concerns. | |As night auditor, I would complete all reports reflecting all transactions for that day of business. | | ...
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...Services marketing Service-Based-Business Marketing Plan Frito-Lay is the undisputed chip champ of North America. The company makes some of the best-known and top-selling savory snacks around, including Cheetos, Doritos, Lay's, Ruffles, and Tostitos. On the sweet side, Frito-Lay also makes Grandma's cookies, Fun Yuns onion-flavored rings, Cracker Jack candy-coated popcorn, and Smart food popcorn. It also offers Fun Yuns onion-flavored rings, Smart food popcorn, and a line of chips made with the fat substitute, Olestra under the Light brand name. Owned by PepsiCo, Frito-Lay North America (i.e., the US and Canada) accounts for about one-third of the soda maker's sales. Frito-Lay's Mexican sales are reported within Pepsi's Latin America Foods segment ("Frito-Lay north America,” 2011). Frito Lay has been in business for more than 75 years delivering a product that sets the standard in the convenient food industry. Frito Lay is a company that is a division of PepsiCo, which also consists of other companies such as Pepsi-Cola, Quaker foods, Gatorade, and Tropicana. Frito is just a branch on the tree of PepsiCo this helps the company have lots of buying power, and make it more attractive to investors. The customers who purchase items are anyone from small children to the most elderly people in the world. It is hard to go anywhere and not find a place that does not sell Frito Lay products either in the stores themselves or vending machines or restaurants. Frito lay is a direct...
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...rentabilité moyenne sur le marché financier est de 15%. Matrix est un concurrent direct de BAL, mais exclusivement financé par capitaux propres. La rentabilité exigée par les actionnaires de Matrix est de 20%. Le résultat économique de Matrix comme celui de BAL 150 millions d’Euros. 1/ Valeur de BAL 1.1 Quelle est la valeur de marché de Matrix ? Vu = 150(1 - 0,34) = 495M (0,20) 1.2 Quelle est la valeur de BAL ? (vous ferez toutes les hypothèses nécessaires sur les caractéristiques de la dette). VL = VU + τD = 495 + (0,34)(200) = 563 1.3 Déduisez-en la valeur de marché des capitaux propre de BAL. VL = V(E) + V(D) => V(E) = 563 - 200 2/ Coût du capital de BAL 2.1 Quel est le Béta des actifs de BAL ? E (Ri ) = Rsr + β i ⋅ [E (Rm ) − Rsr ] Calcul du béta de Matrix non endettée : βU = 20% − 5% = 1,5 15% − 5% 2.2 Quel est le coût des capitaux propres de BAL ? β L = βU 1 + (1 − τ ) D E βBAL = 1,5 (1 + (0,66) 200/363) = 2,04545 E (RBAL ) = 5% + 2,04545 ⋅ [15% − 5%] 2.3 Quel est le coût moyen pondéré du capital de BAL ? CMPC = re E D + rd...
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...Mongkok 1. Trendy Zone 潮流特區 - 2-Dimensions, Trendy Sports, Sport Library, Trendy Express. 2. CTMA 兆萬中心 - MongKok Hands, Sui Ling Tong 少年堂, Hot Toys, Superman Toys. 3. Kos House 高氏大廈 - Hit Toys (Toys) 4. Ginza Plaza 銀城中心 5. Sincere Podium 先達廣場 - RSR 紅鞋宜 (Japan Street Fashion) 6. United Plaza 聯合廣場 - Trendy Shop (J.COM), 日本雜誌. 7. Dusty - Local Street Fashion 8. Sino Plaza 信和中心 - Sport Gallery (Sports Shoes) 9. Multifield Center 萬事昌中心 - Supreme Co. 永高行 (Military) 10. L.A. Sports - Sports shoes (limited Editions) 11. Chic之堡 - Trendy etc. 12. Red Target 瓊華中心 - Anytime 1. Update Mall (OKI, Whats Up - Red Wings) 2. Phase 02 (Street Fashion) 3. Rise 利時商場 (Fashion) Casual Monks, FF, OWL Shop, Acura, ing, Hitomi 4. Take 5 (Street Fashion) 5. Untitle (local Brand), Double Dog (Street Fashion), 6. Toy2R (Toys) 7. 運通 (Street Fashion) 8. Stussy (U.S. Street Fashion) 9. Clarks (Shoes) 10. Silvercord - Warehouse New Uraharajuku Street Fashion, WTaps, A Bathing Ape, Number Nine, Nike, Neighborhood, Supernova Salis, Maharishi, Levis, Double Park X-Large, Nike, Carhartt, Modern Amusement, Xelle Central Shop Data 1. 陳米記 Chen Mi Ji - n3lunchrniture and Gallery 2. John Batten / Gallery - Contemporary Art 6. Ranee K 47K 7. Agnis b Gallery 8. Starbun3lunchs - Coffee Shop 9. Portfolio - Interior Design 10. G.O.D. Goods of Desire - n3lunchrniture 11.. 蘭芳園 - Restaurant 12. 泰昌餅家 - 蛋撻, 麵包 13. Aluminum - n3lunchrniture 14...
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...A Pragmatic Introduction to the Art of Electrical Engineering Paul H. Dietz Version 1.0 - ©1998 Paul Henry Dietz - All rights reserved. A Pragmatic Introduction to the Art of Electrical Engineering i L ICENSE Rights and Obligations vii How it Works vii A Disclaimer viii C REDITS How Did We Get Here? ix A Book is Born ix And I Want to Thank All the Little People... x P ROLOGUE Electrical Engineering for Fun and Profit xi Cold Sandwiches, again? xi Electrical Engineering as Programming and Interfacing xii The Basic Stamp 2 xiii About This Book xiv C HAPTER 1 Getting Started with the BASIC Stamp 21 The Problem 1 What You Need to Know 1 What is a BASIC Stamp 2? 2 How Do I Wire it Up? 2 How Do I Get to the Software? 5 A First Example Program 5 A Second Example Program 6 ii A Pragmatic Introduction to the Art of Electrical Engineering C HAPTER 2 Lights and Switches 8 The Problem 8 What You Need to Know 8 What is Voltage? 9 What is Current? 10 What is an LED? 12 How Do I Interface a Switch? 16 What is a Seven Segment Display? 18 Where Do We Go Next? 20 C HAPTER 3 Maybe 21 The Problem 21 What You Need to Know 22 What is a Voltage Divider? 22 How Do I Solve More Complex Resistive Circuits? 24 Are There Any Tricks That Can Make This Easier? 27 What is an Independent Source and What is Superposition? 30 What is a Digital to Analog Convertor? 32 What’s Next? 33 C HAPTER 4 Guess the Number 34 The...
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...largest snack food company in the world. Many of the company’s well known brands include Doritos, Lays, Ruffles, Cheetos Tostitos, Fritos, Smartfood, and Santitas, five of which create a billion dollars in sales or more annually. Frito Lay Inc., the snack food division of PepsiCo makes up about half of the parent company’s revenue and about two thirds of the company’s profits. Last year Frito Lay Inc. generated 48 billion dollars in revenue and employed over 48,000 people. The current role that I hold in the company is Route Sales Representative (RSR). This role consists of what they coin the “heart of the company,” and generates a major share of the company’s revenue. An RSR’s position consists of selling merchandise to the customer, delivering the product, stocking of the product as well as customer service. During the last 10 years the company has changed the pay structure that determines the compensation that each RSR receives. In doing this they have also increased the workload and amount of expectations that have been placed on the shoulders of the employees. During all of the events that were involved with the pay changes, the morale and drive of the employees continued to drop. On a daily basis you can walk into the office and see an obvious lack of interest in the day-to-day operations, growing lack of concern in increased duties or committee involvement, and an obvious decrease in motivation. Language such as: “wish I wasn’t here,” “this place is beating...
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...Engineering 3 Assignment 4 (2) In your role as Developer, develop a system design for your Development Application Project, based on the supplied SRS – Give physical & logical architectures for your system – Describe the functionality of the components of your system, including their internal & external interfaces – Give Sequence Diagrams for 3 use cases defined in the SRS » Covered later this lecture – Give component-level requirements (CLRs) for the nominated subsystem (only) – Put your component-level requirements into DOORS and trace back to the system-level requirements ENGG 4000/7000 Systems Engineering 4 Assignment 4 (3) The subsystems: – BURS: BURS Station Unit – TNSS: Operator Interface Unit – RSRS: Navigation subsystem ...
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...Customization Assignment After checking the Italian jeweler Pomellato's website and doing some research about what the company has been doing in terms of mass customization, a few worth mentioning points can be made: Italian jeweler Pomellato is revitalizing the image of three of its classic ring designs with art-house films meant to display the brand’s emotion and dedication to creativity. Pomellato’s “Icon Movies” film series pays homage to the jeweler’s Nudo, Capri and Sabbia collections and shows both the personality of the filmmaker and his subject. Outsourcing creative initiatives to young talent can help a brand acquire new enthusiasts by positioning its products in front of younger consumers. Paula Rosenblum, managing partner at RSR Research, Boston, thinks that it is all about keeping the imagery of the jewelry timeless, yet up-to-date. In the case of Nudo, for example, you have fresh talent with echoes of Madonna and the Rolling Stones, which is pretty contemporary to Pomellato’s beginnings. In its own way, in Capri, we see a lot of similar concepts, a memory of past special moments with the ring as the reminder; all interpreted by young, interesting talent. Finally, in Sabbia, we seem to go all the way back to the start of the universe and a reminder that matter existed long before we, as human beings, did, and likely will go on after us. Ms. Rosenblum, an industry expert, stated that Pomelatto, acquired by luxury conglomerate Kering, in 2013, did not respond...
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...A E-Book The Store: Sponsored by The Intersection Of All Channels How Innovative Companies Are Using Unique Strategies & Channels To Drive Margin Expansion Cautious Optimism Buoys Consumerism Meeting Consumers Where They Shop Strategy 1: Retailing in a Social World Strategy 2: Optimizing Cross-Channel Merchandising and Product Assortment Strategy 3: The New Era of POS Strategy 4: Labor Motivation and Consumer Engagement: The Heart of the Retail Store Strategy 5: Harnessing the Latest In-Store Technologies Conclusion: Merging Channels to Delight Customers and Deliver Profits 3 5 6 8 10 13 15 17 2 © 2011 Retail TouchPoints Cautious Optimism Buoys Consumerism Although consumer spending continues to have its ups and downs since the height of the recent recession, retailers can be cautiously optimistic that retail spending will not take another swift fall. In part, shoppers have what some industry experts refer to as “frugality fatigue” — they are simply tired of not spending. That said, they are not likely to return to frivolous spending. Today’s shoppers are much more conscious of where every penny is going; they are looking for deals and sales on the products they desire. With the growth of mobile technology and the ability to find information on products and pricing in real time, consumers are better educated and are not willing to settle, or make as many impulse purchases. Recent BIGresearch data shows that consumers are more focused on “needs” than...
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...LOGISTIC 4MAIVAQEMENT From bricks to clicks How growth in online sales is transforming supply chains BY WILLIAM HOFFMAN I f there's a silver lining for retailers anywhere in the economic storm, it's online. While in-store sales sagged in the third quarter, online sales were up nearly 6 percent year over year — an indication that more consumers are hunting for bargains on their laptops or PCs, instead of in department store aisles. The growth in online business is already reshaping transportation networks as retailers collaborate with manufacturers to ship items directly to consumers, said Brian Kilcourse, managing partner at retail analyst RSR Research. "All the supply chain costs go away," he said. "It's a competitive advantage. Can they grow it? I don't see anything but blue sky for that opportunity, when you start to think about the implications of it." Most retailers' online supply chains largely reflect their brick-and-mortar operations, said Dave Hogan, senior vice president of retail operations and chief information officer at the National Retail Federation. But that's beginning to change as companies see savings from having fewer fixed assets iñ trucks and warehouses, more flexibility in transportation, lower inventory carrying costs and less costly and risky handling processes, he said. Although online retail accounts for just 3.4 percent of all retail sales, according to the Commerce Department, its weight in the retail...
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...Assignment 1: What Makes “The Container Store” the Best Place to Work and Why Ralph L. Stout BUS 322 July 26, 2015 Professor Issam Merhi Assignment 1: What Makes “The Container Store” the Best Place to Work and Why The Container Store established in 1978 with the goal of working towards creating retail store experiences that are unlike any other retail stores. The differentiated shopping experience offers the customers an innovative, time, and spacesaving solutions coupled with astonishing customer service from happy, welltrained, and wellpaid salespeople. This simple road map has rocketed past all expectations in the 35 years since. The Container Store made the Forbes best company to work for 16 times in a row. The store operates 70 stores in 22 states and has over 10,000 products for everyday use ranging in price from $4000.00 to as low as $3.90. The store employee’s make double the industries salary. Taube (2014) says “the average Container Store retail salesperson makes nearly $50,000 a year compared with what the Bureau of Labor Statistics says is a national average of just above $25,000” (para. 3). This store’s culture is female friendly, and about 70 percent of the company’s employee base is female (Gupta, 2014). CEO Kip Tindell feels women are better at being team players and they understand the needs of the clientele; evident by the fact that about 70 percent of top leadership positions are held by women for this retail store. The Container Store adopted...
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...On the Relationship between stock return and exchange rate: evidence on China Yaqiong Li a b , Lihong Huang b a b The Business School, Loughborough University ,UK College of Mathematics and Econometrics, Hunan University, Changsha ,Hunan ,China Abstract The purpose of this paper is to investigate the relationship between RMB exchange rate and A-share stock returns in China, in particular in Shanghai stock market. We find that both stock returns and RMB nominal exchange rate are integrated of order 1. The Engle–Granger cointegration test is then performed, suggesting that there is not a long-run equilibrium relationship between stock returns and RMB exchange rates at 5% significance level. However, there is strong evidence suggesting that there is a short-run uni-directional causality relationship from the nominal exchange rate to the stock returns. Keywords: cointegration; Granger causality; RMB exchange rate; stock return; unit root test. 1. Introduction The China’s exchange rate policy has recently emerged as one of major issues in the trade between the PR of China and the United States of America. The controversy is fuelled by China’s pegging of RMB to USD. Since a major devaluation of the RMB in 1994, the Chinese currency’s exchange rate vis-a-vis USD remained more or less unchanged until 21 July 2005, and has fluctuated from RMB 8.22 to 8.11 per dollar since then. The Chinese Authority has recently announced that “RMB will be no longer pegged to the US dollar”...
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