the difficulties for independent retailer to find favorable suppliers‚ rents and be competitive block the road for new entrants. Bargaining Power of Suppliers Suppliers have very little bargaining power in retail industry. Big retailer such as Wal-Mart have always been exploiting suppliers‚ a contract with WM can either make or break a small supplier. As a result‚ strict control by client and razor thin margin are normally what suppliers get. Bargaining Power of Buyers Individual customer has
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the level of motivation among its employees to whom its success can be accredited to‚ without a doubt. Motivation is must for the employees‚ because it converts ability to work into will to work or in other words contributes to high level of performance. Presence of effective motivational policies in the company leads to job satisfaction and consequent benefits of higher commitment and loyalty. Keeping in mind the growing attrition rates and the employee dissatisfaction
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ANSWER FOR QUESTION 1 CASE 1 EMPLOYEE MOTIVATION IN A GOVERNMENT ORGANIZATION" Q1. Discuss the long-term relevance of motivational techniques used by Baheti in the light of prevailing environment in the organization. ANS: Some of the most successful managers and executives have achieved their objectives by aligning the aims of their employees with those of their organization. Once an employee is able to understand‚ and empathize with the overall aims of the organization‚ they are
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system to be effective‚ it must encompass both sources of motivation. Studies have found that among employees surveyed‚ money was not the most important motivator‚ and in some instances managers have found money to have a de-motivating or negative effect on employees. This research paper addresses the definition of rewards in the work environment context‚ the importance of rewarding employees for their job performance‚ motivators to employee performance such as extrinsic and intrinsic rewards‚ Herzberg’s
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Throughout the country‚ Walmarts of every shape and size‚ dominate the landscape. They exist in every environment‚ from small town to major metropolitan areas‚ and almost everyone has found themselves in one of the stores at one point in their life. Not only does Walmart have a strong grip in America‚ but the company has also taken hold in many other countries such as Germany‚ Honduras‚ and China. In these countries‚ the working environment of the workers is much different from what we see in our
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Motivation is nothing but an effort by the managers to help people focus their minds and capabilities on doing their work as effectively and efficiently as possible. Trust is another key to motivate people to perform at their best. Effective interpersonal communication also helps to develop an environment that motivates employees. If the employees are aware what the expectations of the managers are they can perform their jobs more effectively. A truly motivating environment is one where employees
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Abstract This essay was written on Employee motivation in Apple company. I pointed out couple motivation theories that were developed in order to show people the ways of motivating. First and base theory is Maslow’s hierarchy pyramid then there are Equity theories and Two factor theory. The most popular and efficient motivation theory is goal seeking motivation theory. This theory was made in order to motivate staff to seek new opportunities how to solve a problems or reach their goals. In the second
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Employee ownership‚ motivation and productivity A research report for Employees Direct from Birkbeck and The Work Foundation By Jonathan Michie‚ Christine Oughton and Yvonne Bennion November 2002 Page 2 E M P LOY E E S D I R E C T R E P O R T N O V E M B E R 2 0 0 2 Contents About the authors/Acknowledgements Foreword‚ by Will Hutton Executive Summary 1. Introduction 2. Site visits and interviews 3. Follow-up surveys 4. Focus groups 5. Discussion and Conclusion References 3 4 5
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literature from works that have already been done on the topic. The literature review was structured in the following form: Introduction‚ motivation‚ the early theorists of motivation‚ and contemporary theorists of motivation. Area of Study 1: Motivation Motivation is defined as the process that initiates‚ guides and maintains goal-oriented behaviors. Motivation is what causes us to act‚ whether it is getting a glass of water to reduce thirst or reading a book to gain knowledge. It involves
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International Journal of Business Trends and Technology- volume2Issue4- 2012 Impact of Employee Motivation on Performance (Productivity) In Private Organization 1Nupur Chaudhary‚ 2Dr. Bharti Sharma‚ 1Research Scholar‚ Suresh Gyan Vihar University‚ Jaipur‚ 2Associate Professor‚ St. Wilfred. College‚ Jaipur‚ Abstract - Doing Business all over the world is very challenging. Corporate performance and revenue growth are challenge by Internal and external operating environment factors. To survive
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