Q4. What 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
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the most important factor in motivating employees The psychology of motivation is enormously complicated and there is a small part of it has been illustrated with any degree of guarantee. A number of people are desired for an effective formula for moving employees. Some adopt to the way of increasing salary‚ not all of which is conductive (Herzberg‚1987). There are a great many factors in motivating employees. Salary plays a significant role while other factors such job participation‚ job loading
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the recruiter handles every aspect of the process. Carl was the hiring Manager for ABC‚ Inc. He hired 15 new employees For Monica Carrolls‚ the Operations Supervisor. In this study they recruiter did not follow through with things in a timely fashion‚ because of been new to the hiring process‚ and not having an orientation to show him how to go through the process of hiring employees. Background The responsibilities of a hiring recruiter are tedious and very demanding. Even though they do the
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wages for different classes of employees such as skilled‚ unskilled .clerical‚ supervisory etc. (1) Any minimum rate of wages fixed or revised by the appropriate Government in respect of scheduled employments under section 3 may consist of— * A basic rate of wages and a special allowance at a rate to be adjusted‚ at such intervals and in such manner as the appropriate Government may direct‚ to accord as nearly as practicable with the variation in the cost of living index number applicable
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The following essay explains the importance of cost accounting for stakeholders of Multinational Companies‚ particularly the shareholders & the customers. Who are the stakeholders of an organization? according to (Freeman 1984) stakeholder is “any group or individual who can affect or is affected by the achievement of the firm’s objectives” going by this definition stakeholders of a company would include lenders‚ creditors‚ customers‚ shareholders‚ government‚ media‚ political groups‚ local charities
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Texas International Imports should allow their employees to work four-day weeks. By doing this it will allow employees the benefits of being more productive‚ having a better disposition‚ which will create a healthier work environment. There are many other reasons companies should shorten the work week from five days to four. A shorter work week motivates workers to be more productive‚ employees tend to display better time management skills knowing that there are working a shorter week. Longer
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intense competition‚ so that the problems of development in the hospitality industry are increasing. The high hotel staff turnover rate has became a trouble for managers. As the labor-intensive industry‚ the staff turnover rate in the hospitality should be less than 15% under normal circumstances. However‚ a survey conducted by World Hotel in April‚ 2009 shows that 35% of hotels’ staff turnover rate is more than 3o%‚ and 36% of hotels’ staff turnover rate is 15% to 30%‚ only 5% of hotels’ staff turnover
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competitive scenarios. In this study‚ this managerial tool is applied to the apparel sector and four well-known Italian fashion companies are analyzed. The procedure for creating the matrix is described and a detailed presentation is made‚ for each company over a five-year-period‚ of the results relative to the two typical dimensions of the matrix: business competitiveness and industry attractiveness. Considering the current tendency of the majority of fashion and luxury companies to internationalize and
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provide me the power‚ nerves and wisdom to discharge over responsibility and to successfully accomplish this task and enable me to complete this research paper. I also extend our heartfelt thanks and deepest appreciation to Ms. Saira Raza for her guidance‚ coaching‚ teaching and support. She has been cordial in sharing both her time and vast wisdom willingly‚ explicitly and without hesitation. I pray that at least some portion of what I have learned from her is reflected on these pages.
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THE RELATIONSHIP BETWEEN LEADERSHIP STYLES AND EMPLOYEES COMMITMENT IN EAST AFRICA BOTTLING S.C (COCA-COLA) A TERM PAPER: THE COURSE OF ADVANCED ORGANIZATIONAL BEHAVIOR AND DESIGN BY: SIRAK TEFERI ……….…. MKMW/601/06 SUBMITTED TO: TESFAYE SEMELA (Professor) The Relationship Between Leadership Styles and Employees Commitment Table of Contents 1. INTRODUCTION.............................................................................................................................
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