’Fordist’ principles Introduction In organizational development‚ there are different theories that are considered to be influential. One of which is the theory of Fordism. Fordism is a form of industrial production developed from Taylorism methods; the main aim is product maximization through tight control over movements and separating planning from executing tasks. This production management practice was widely criticized for its inhumane production system with regards to employee conditions
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Wills‚ T.A. (1981) Downward Comparison Principles in Social Psychology. Psychological Bulletin‚ 90‚ 245-271. Part of social comparison theory (Festinger‚ 1954) Individuals are motivated to gain accurate evaluations of themselves by examining their opinions and abilities in comparison to others Downward comparison (Wills‚ 1981) – a person experiencing negative affect can enhance their subjective well-being through comparison with a less fortunate other‚ the process occurring either passively or
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By adopting the marketing concept‚ companies have all functions aligned with the strategic vision of meeting the needs of customers. This helps define the role of employees more clearly. Marketers must perform diligent research to uncover needs and convey messages that explain benefits. Production should focus on fine-tuning products to meet the needs of customers. Support and service should have openness to customer feedback to report back to production and research. Company leadership must set
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Environmental Factors Affecting Marketing Decisions June 10‚ 2011 University of Phoenix Harry Derderian MKT/421 Marketing Environmental Factors Affecting Marketing Decisions Management is faced with many decisions when considering the environmental factors that affect marketing. This includes global economic interdependence‚ demographics‚ cultural differences‚ social responsibility‚ ethics‚ and technology. It is imperative for a company to understand how these factors can greatly affect
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Classic Airlines Marketing Solution Amy Salawu MKT/571 February 25‚ 2013 Kurt Dietrich Overview Classic Airlines put together a team to reduce overall costs by 15% and address several concerns including employee morale and customer retention. The team faces the challenge of convincing senior leadership to look beyond the bottom line becoming a customer focused organization. The team also faces the challenging of making changes without increasing costs‚ cutting salaries‚
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Marketing Many people would say that marketing and sales are exactly the same thing. However there are differences and understanding these differences is what makes people see that one is needed for the other to work. There are questions that should be asked such as what marketing strategies work best for the sales team and will help the company more‚ and how to explain to sales associates exactly what marketing is. For an employer‚ explaining what sales is to the marketing team and what marketing
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Situation Analysis 1.0 Market Summary Pollo Tropical has a good amount of information about its customers‚ identifying common characteristics between them as well as working on satisfying those similarities. As target markets‚ Pollo Tropical aims the Hispanic and Caribbean community‚ as well as other people looking to get a grasp of the before mentioned cultures. The restaurant also serves people looking for great quality food that helps them keep their health‚ as well as their physique
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Measurement Scales Paper MKT/441 Donald Reinhart Measurement Scales Paper Market research in business is important by keeping up with the everyday life of consumer society. Market research helps businesses study what are the likes and dislikes of consumers‚ what is popular‚ and what products are already out in the market. Market research collects data and information about the products and services from the past‚ present and potential use from the customers. Customers
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New Product Launch Marketing Plan‚ Part III Christy Church‚ Ayanna Green‚ Marisa Smith MKT/571 Armando Salas-Amaro Jr. May 11‚ 2015 New Product Marketing Launch Plan‚ Part III Executive Summary Situational Analysis Market Growth Potential and Competitive Analysis In terms of market growth with its Innovate to elevate platform‚ Hanesbrand has succeeded in driving its margin expansion. Considering in 2014‚ its innerwear segment operation profit grew 130 basis points year after year up
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Video Case Chapter 3 Tom’s Shoes Video Summary Attention to social causes and social responsibility are two big trends in the marketing environment today. It is for this reason that Tom’s Shoes‚ a new startup company‚ is off to a big start. Their entire business is organized around one concept‚ one-for-one giving. For every pair of shoes that are purchased‚ the company gives a pair of shoes to a child in need somewhere in the world. Questions and Answers 1. What trends in the
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