criteria must be met if firms are to achieve a competitive advantage through their employees? Organizations which have happy employees have the upper hand on their competitors. An organization’s success depends on KSA (knowledge‚ skills‚ and abilities) of employees‚ as they help to establish a set of capabilities that distinguishes a firm from its rivals‚ which is to gain a competitive advantage. A firm can achieve a stable competitive advantage through talented employee in case if they are valuable
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Every individual has a different set of needs and wants. Needs refer to the essential and basic requirements of all humans in order to survive. These needs comprise of food‚ water‚ shelter and warmth. Wants‚ on the contrary‚ are all the unnecessary desires and wishes humans make to satisfy themselves. Marketing exists to identify and ultimately explain the decisions people make in order to satisfy their needs and wants. In addition‚ marketing is about understanding the behavior of people. Marketing
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A STUDY ON STRATEGIES OF RETAINING EMPLOYEES IN CALL CENTRES SUBMITTED IN PARTIAL FULLFILLMENT AS A REQUIREMENT FOR THE AWARD OF THE DEGREE‚ BACHELOR OF BUSINESS MANAGEMENT (BBM) FROM‚ Under the guidance of MY PROJECT GUIDE MRS. JIMMY SAM SUBMITTED BY: NAME: VISHNU.G YEAR: 2010-2011 DECLARATION I declare that this project titled‚ “A STUDY ON STRATEGIES OF RETAINING EMPLOYEES IN CALL CENTRES” is a record of my research project carried out by
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political purposes. It is the violent behavior in order to create an atmosphere of fear among the people in the society for their benefits and for the revenge. A terrorism is an planned and organized way to make the people do whatever they say to you. There are some words like revenge‚ war‚ insurgency and extremism are all depend upon the one word violence. Terrorism is not termed as a robbery or loot because these two things are done for the personal benefit. An illegal and against
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Contents Reward Management 4 Objectives of Reward System 5 Alternative to Reward Management 6 Types of Rewards 6 Criteria of Reward Management 7 Relating Rewards to Performance 9 Job Satisfaction and Rewards 10 Rewards and HRM Cycle 10 Reward Management System in Coca Cola International 11 Reward Management System 11 Findings 12 Criteria of rewarding employees 13 How Coca Cola International Motivate Employees 14 Pay system of Coca Cola International 15 Types of Rewards of Coca
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Michael porter developed 3 generic strategies: cost leadership‚ differentiation and focus. They are developed to create a defendable position in the long-run‚ outperforming competition and establish a competitive advantage. However does the generic strategy lead to sustainable competitive strategy? This analysis will explain in detail. Cost leadership means setting out to become the low-cost producer of its industry. Each industry is different and provides with diverse problems. Cost leadership
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Blue ocean strategy is a business concept that focuses on doing business along the line where there is no competitor or little or no competition; rather it seeks to create new opportunities for business instead competing for space in the already saturated horizon. It does this by either creating entirely new product in a market or reinventing already existing product in such a unique way that will meet the needs the of the market in a way that has not existed before. It adds value to the market while
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. . What Is the Medical Response to Accidental Acrylamide Exposure? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . How Can You Dispose of Excess‚ Unusable Acrylamide? . . What Is the Shelf Life of Acrylamide and Acrylamide
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Extrinsic rewards are the tangible rewards given employees by managers‚ such as pay raises‚ bonuses‚ and benefits. They are called extrinsic because they are external to the work itself and other people control their size and whether or not they are granted. In contrast‚ intrinsic rewards are psychological rewards that employees get from doing meaningful work and performing it well. Extrinsic motivation is when we are motivated to perform a behavior or engage in an activity in order to earn a reward
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To satisfy social needs‚ Auckland Theatre Company can encourage people to attend their performances in groups by offering group discounts or special bundle packages. For example‚ for a certain amount of tickets purchased they will be entitled a certain percentage discount of the total price. Subsequently‚ the company can offer bundle packages of buying 2 tickets and get the third ticket for free. These discounts and packages will differ according to the genre of performance and different festive
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