1. Use as many motivational theories as you can to explain why the reward system adopted by Mary Kay works in China? a) Contingency Theory – Path Goal Theory or Goal Setting Theory Path Goal Theory is a contingency approach to leadership which under Mary Kay’s responsibility is to increase subordinates’ motivation by clarifying the behaviours necessary for task accomplishment and rewards. Under Path Goal Theory it must be formed by tangible award. Mary Kay increases her follower motivation
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INDUSTRY PROFILE – THE COSMETICS INDUSTRY The Cosmetics Industry‚ also known as the “Beauty Industry” has gone through dramatic changes in the last 20 years. In the last two decades‚ the global Cosmetics Industry has shown growth of 4.5% a year on average. This stable and continuous growth shows resilience even in negative economic conditions. The Cosmetics Industry was affected by the 2009 recession but recovered in 2010 as the global economy improved. The Cosmetics Industry is divided into
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Although cosmetic surgery may seem like a good decision for a young teen seeking confidence‚ teens do not make the necessary educated decision for their surgery. Teens are very indecisive and change their ideas of what they want very quickly‚ day to day‚ or even hour to hour. (Ulene‚ par.8) Teens do not take the time to find out what they are dealing with and may walk in to the situation with an ignorant mindset. There should be extensive research as well as consultations with a surgeon before committing
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China Life Insurance Company Limited is the biggest life safety net provider in the People’s Republic of China. The organization offers singular disaster protection‚ bunch life‚ mischance protection‚ and medical coverage strategies. China Life orders 45 percent of that market‚ and holds the main position in 29 of the nation’s 31 noteworthy markets—just Shanghai and Beijing‚ where the organization in any case is number two‚ get away from its strength. Shaped from the separation of previous government-claimed
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Fashion Industry China: CSR Case Subject Submission Date Class Team Members CSR cross-analyses on fashion Industry Tuesday 15‚ 2012 MBA Pudong – Corporate Social Responsibility Christiane Pagsisihan Damien Dandelot Jose Antonio Mallen Tendai Chitapi Vera Boisa Harbhajan Khalsa Executive Summary The research paper trough four main Corporate Social Responsibilities (CSR) issues (Children Labor‚ Working condition‚ Environmental impact and Environmental Sustainability) indicates several glaring
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Introduction: Consumer buying behavior is the study of how individuals make decision to spend the available resources - time‚ money and effort on consumption related items i.e.‚ what they buy‚ why they buy‚ when they buy‚ where they buy‚ how often they buy and use a product or services. In the process of consumers’ buying behavior focuses on how commercial and social marketing can anticipate and within the marketing pillar‚ the knowledge generated in the consumer behavior pillar provides information
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Should Emperor Hirohito be responsible for the invasion of China from 1937 to1945? The Second Sino-Japanese war started officially on the 7th July‚ 1937. During the eight years of fighting‚ more than 30 million Chinese were killed including civilians and soldiers. (Wu‚ 2005) Emperor Hirohito was excused from the trial after World War II and was kept in throne for another 44 years. The fact that the war time Prime Minister Hideki Tojo took all the responsibility at the International Military Tribunal
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O PY Parfums Cacharel de L’Oréal 1997-2007: D O N O T C Decoding and Revitalizing a Classic Brand 03/2014-4929 This case was written by Nicholas Rowell‚ Research Associate‚ under the supervision of Pierre Chandon‚ Associate Professor of Marketing‚ and Klaus Wertenbroch‚ Professor of Marketing‚ both at INSEAD. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation
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Cosmetic testing on animals The first test was designed in the 1920’s and it was developed to test the toxicity of certain products. Testing cosmetics on animals in the United States is very common. About a thousand mice‚ guinea pigs‚ rats and rabbits undergo pain or die each year. Animal testing is different in some circumstances. Animal testing involves the inability to consent. It involves pain‚ suffering‚ and discomfort under certain situations. Researchers aren’t fully able to block out the
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Ideal consultant’s Cosmetic case You a member of a creative team at Ideal Consultants that has been assigned the job of developing a product type‚ out of multiple possible types‚ and a versatile brand name for a new line of cosmetics whose formula has been developed by one of the agency’s major clients. The formula is possible to be converted into dozens of product types. An extensive consumer research found that all of possible product types received favorable ratings by consumers. Three
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