Free Essay

Vetements Lee Case Study

In: Business and Management

Submitted By MOHANZaA
Words 333
Pages 2
Vetements Ltee
Case 5.1
Vetements Ltee

1. There are many symptoms in this case that suggest that something has gone wrong. The performance of the sales staff started to decline and senior management started to receive complaints from store managers. Store staff began to bombard customers and argue over ownership of clientele. They also began to neglect other store duties such as restocking inventory and completing order forms in a timely manner. Because of these actions there have been stock shortages and store sales have suffered. Staff has began to feel resentment and morale has declined. Store managers have begun to threaten sales staff with dismissal in order to make staff perform their duties correctly. The trust between employees and managers has also suffered in that employees do not correctly do their jobs once the manager leaves. All of these examples suggest that something has gone wrong at Vetements Ltee.
2. In this case Vetements Ltee was using money as a motivator for the managers and staff. Reinforcement theory tells us that people alter their behavior in order to maximize positive consequences or minimize adverse consequences. The staff was being positively reinforced with money when they made sales. The employees therefore continued to try to make sales (at the cost of not fulfilling other duties) in order to continue making money. The problem for the company became that though employees were making bonuses, they were not giving good service to the customer or company. Everyone is driven by something. The Four-Drive Theory of Motivation says that each person is motivated by four drives: the drive to acquire, the drive to bond, the drive to learn, and the drive to defend. The staff at Vetements Ltee was being motivated by the drive to acquire, which in this case is to acquire money. The drive to acquire is said to be the foundation of competition, which is proven by the fact that the staff was competing for customers.
3. In order to...

Similar Documents

Free Essay

Xxxxxx

...proficient in evaluation of student performance on oral examinations On the next page, you will find a worksheet to assist you in determining relevant skills. Identifying Competencies and Skills Exercise for Step V Competencies and Skills 1. 2. 3. 4. 17 This page intentionally left blank. Preparing Your Curriculum Vitae 3 Now that you have established your competencies and skills, transfer them to a working draft of your curriculum vitae. This preliminary draft will reflect, in the broadest sense, the essence, structure, and components of your experiences as a graduate with credentials from institutions of higher education. Your CV will also include experiences that you have pursued after such study. Naturally, there are some common experiences that students and professionals in a wide range of occupations share and which should be reflected in a CV. After you prepare the working draft of your CV, read the remaining chapters of this book and carefully review the sample CVs in Chapters 5, 6, and 7. Then take a break, revise your working version, and prepare the final draft. The following list comprises the major components, or defining characteristics, of a CV: 19 Copyright 2003 by The McGraw-Hill Companies, Inc. Click Here for Terms of Use. 20 How to Prepare Your Curriculum Vitae • Professional/Career/Vocational/Research Objectives • Education • Coursework • Honors/Achievements/Awards/Kudos •......

Words: 31831 - Pages: 128

Free Essay

Accompagnement Stage - Chine

...Desire * Gree H * Haier * Harbin Hafei Motor * Harbin Beer * Hasee Computer * Hisense * Hongkong Post * Hong Kong Airways * Hong Kong Express Airways * Hopewell Holdings Ltd * Huabao * Hualian Group * Huawei * Hutchison Whampoa I * Icon Trademark & Patent Law office * Industrial and Commercial Bank of China * Inspur J * Jardine Matheson Holdings * Jiangling Motors * Jiuguang Department Store K * Kejian * Kingdee L * Lenovo Group * Liao Ning Zhong Wang Group * Loncin Holdings, Ltd * Little Sheep Group * Li Ning Company M * Mengniu * Midea * MTR Corporation Limited * Metersbonwe Group * Mr. Lee (restaurant) N * Nanjing Automobile Group * Nepstar * Neusoft Group * Ningbo Bird O * Ownta P * Panda Electronics * Pacific Century Cyberworks * Peak Sport * Pearl River Piano Group * PICC * Ping An of China * Pou Sheng International * Pou Sheng International * Pou Sheng International * Pearl River S * Sands Macau Septwolves * Shanda * Shanghai Automotive Industry Corporation * Shanghai Film Group Corporation * Shanghai GM * Shanghai Pudong Development Bank * Shanghai Tang * Shangyuchem * Shaolin Temple UK * Shenyang Aircraft Corporation * Shenzhen Development Bank * Shougang * Shui On Land * Shun Tak Holdings......

Words: 14201 - Pages: 57

Premium Essay

Textbook Business and Ethics

...TEXTOOK fourteenth edition •  Theoretical advances in stakeholder theory, social and environmental entrepreneurship, corporate citizenship, public affairs management, corporate governance, corporate social auditing, social investing, reputation management, business partnerships, and corporate philanthropy. •  New discussion cases and full-length cases on such timely topics as conditions in Apple’s Chinese supplier factories, the Upper Big Branch mine disaster, conflict minerals in cell phones, child sexual abuse in the global hotel industry, online piracy, Chiquita Brands in Latin America, working with bloggers in marketing, the campaign for clean cookstoves, the shareholder “say on pay” vote at Citigroup, the controversy over “pink slime,” and undocumented immigrants in the workforce. To learn more about the Fourteenth Edition of Business and Society: Stakeholders, Ethics, Public Policy, please visit www.mhhe.com/lawrence14e. lawrence weBer Business and society fou r t een t h edi t ion stakeholders, ethics, PuBlic Policy a nne t. l awr e nce J a me s weBer MD DALIM 1222298 01/04/13 CYAN MAG YELO BLACK •  Practical issues such as social networking, digital medical records, bottom of the pyramid, social entrepreneurship, political advertising and campaign contributions, as well as the latest developments in the regulatory environment in which businesses operate, including the Dodd-Frank Act and the Affordable Care Act. stakeholders,......

Words: 318988 - Pages: 1276