So You Want to Lead an Orchestra? 1. Describe the orchestra’s pay structure in terms of levels‚ differentials and job- or person-based approach. I believe the orchestra has a highly hierarchical pay structure‚ with many pay levels and large pay differentials between pay levels. It also seems to be more person-based than job-based structure (considering lowest paid Violin II receives less than half of the pay of the highest paid Violin II). 2. Discuss what factors may explain the structure. A
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Contract is an agreement between two or more competent parties in which an offer is made and accepted‚ and each party benefits. No contract can come into being unless the following features exist: an actual offer‚ an acceptance‚ consideration (this means that each party will contribute something of a material value to the bargain) and an intention to create legal relations. The agreement can be formal‚ informal‚ written‚ or just plain understood. (a) For a contract to exist the offer must be made
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19. Discuss the advantages and disadvantages of management contract to both the hotel owner and the management company? The advantage of the management contract is: The management contract incurs minimum risk to the company as compared to sole ownership and joint-venture development since the management company has little or minimal equity invested in the hotel. The hotel management company only assigns a group of professional managers to operate the property for the owner. If political crisis
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advertising firm specializing in domestic and international advertising. She was hired by ABC after receiving her M.B.A with honors from the University of Michigan. While being employed by this company she has won three national awards. Ms.Riyadh feels that ABC has illegally discriminated against her. She alleges that it is company practice to promote employees from within. She states that each year she has received "outstanding performance" evaluation ratings since she has been employed
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delivery in 1 year is $800. An arbitrageur can borrow money at 10% per annum. What should the arbitrageur do? Assume that the cost of storing gold is zero and that gold provides no income. 2. On September 12‚ 2006‚ an investor owns 100 Intel shares. As indicated in the table below‚ the share price is $19.56 and January put option with a strike price of $17.50 costs $0.475. The investor is comparing two alternatives to limit downside risk. The first is to buy 1 January put option contract with a
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analyze the boutique hotel industry in Sri Lanka and the trends of the industry at present and the key issues likely to change the formation of the industry in the future. Tourism in Sri Lanka has been booming since the war came to an end also the recovery of the global recession also has led to an increase in the number of tourists visiting the country. Therefore the need to cater to the foreigners has led to the growth in the emerging Boutique Hotel Industry. Demand for these hotels is increasing also
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There is an innumerable amount of ways someone can measure Obama’s first two years in office to try to define whether his presidency has been a success or failure. Issues relating the economy‚ domestic policy‚ and national security and foreign policy are the major topics in which many of those controversial issues lie. The easiest ways to determine whether or not Obama has been successful‚ is to look at his accomplishments as President‚ look at the principle promises he made regarding those issues
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Welcome to Bright Horizons! New Hire Checklist We are so glad you’ve joined our family! This guide will walk you through filling out your new hire paperwork. Follow these instructions to complete each important step. These steps will take approximately 30 minutes to complete. You do not have to complete all steps at one time. Getting Started 1. Log into Employee Express by clicking this link or by visiting this website: https://wd5.myworkday.com/brighthorizons/login.flex 2. Click All About
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* What is Economics? Is the social science that analyzes the production‚ distribution‚ and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία (oikonomia‚ "management of a household‚ administration") from οἶκος (oikos‚ "house") + νόμος (nomos‚ "custom" or "law")‚ hence "rules of the house (hold)". * Branches of Economics: Behavioural economics - is the study of the effects of psychology on economic decision making. Constitutional economics
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Employee Resourcing – The Psychological Contract How can we define the psychological contract? Is it the set of mutual obligations/expectations and more often than not aspirations between employer and employee that extend beyond the formal‚ written contract of employment? This is the general consensus with modern scholars and workers alike‚ but just how far is this assertion true? The problem is trying to evaluate what the psychological contract actually is and what it stands for in our
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