...Designing a Reward System Pamela Fabian HSM/220 August 17, 2014 Mrs. Serena McCall Designing a Reward System Having a motivation and reward system is an important part of a business. According to Kettner 2002 “There are nine major factors of motivation that have been studies and they are: respect for me as a person, good pay, chance to turn out quality work, chance for promotion, opportunity to do interesting work, feeling my job is important, being told by my boss when I do my job, opportunity for self-development and improvement, and large amount of freedom on the job. Rewards help to motivate employees to do their best work and gives them something to look forward to. As stated in the Encyclopedia of Small Business “The key to developing a reward program are as followed: Identification of company or group, goals that the reward program will support, identification of the desired employee performance or behaviors that will reinforce the programs goals, determination of key measurements of the performance or behavior, based on the individuals or groups precious achievements, determination of appropriate rewards, and communication of program of employees. To make the programs work for everyone certain guild lines have to be followed. In the early stages of developing reward strategies, incentive plans were often highly leveraged paying 15 percent to 30 percent of base pay. While these plans may have been financially attractive to employees, they encouraged employees...
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...Abstract The purpose of this paper is to demonstrate my grasp of the learning objectives The Family and Medical Leave Act (FMLA) of 1993 is an act that was passed during President Bill Clinton administration. The bill was signed into law on February 5, 1993 and took effect August 5, 1993. The law was created for the purpose of protecting employee jobs in the event that they have a family emergency that requires the employee to be away from their job for an extended period of time. The Act was also created to offer a work-life balance to employees. It allows the employee to balance the responsibilities that they have at work as well as with their families. This more so became an issue because the traditional landscape of the workforce began to changed. Where years ago, the norm was a two-parent one-income family this is no longer the case. Young mothers, single parents, and two–income families has now become the norm for the current workforce. With the aging of the “Baby Boomers”, the burdens of their living and in some case death expenses are carried by their children. Many individuals in the workforce serve as caregivers for their elderly parents. Also, as it relates to single parent families, they have to deal with the pressures of taking care of all the responsibilities that was traditionally done by two individuals. Single parent families have to deal taking care of sick children, pregnancy, and other events that may require time away from work. These employees are...
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...Introduction Whether you own your home or rent, chances are that at some point you will find yourself looking for something that will lead you to one of these two retail giants. The home improvement industry has evolved from small regional and locally owned hardware stores to these superstores. The top two in the industry are Home Depot and Lowe’s. Each has their eye on moving into international markets, each has superstores in all 50 states and each has evolved along different paths to reach their current positions. According to Fortune 500 Home Depot, Inc. is ranked at #25 and the second largest retailer in the US after Wal-Mart. Home Depot Inc. has its corporate headquarters in Atlanta Georgia. What began in 1979 as two 60,000-foot stores that resembled warehouses has grown to about 2,200 stores across North America, Puerto Rico, and China. Home Depot Inc. is publicly traded on the New York Stock Exchange as NYSE:HD. At the end of 2008 Home Depot Inc. employed 331,000 people. Home Depot sales recorded and posted in 2009 are $71,288.0 mil. Home Depot Inc. is the number one home improvement retailer with Lowe’s coming in second place with sales posted in 2009 at $48, 230.0 mil.. Founded in 1946 Lowe’s went from a small hardware store to the ninth largest retailer in the US. Lowe’s went public in 1961 and began trading on the New York Stock Exchange as NYSE:LOW in 1979. According to Fortune 500 Lowe’s Companies, Inc. is ranked at #47. Lowe’s Companies, Inc. are headquartered...
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...MINISTRY OF EDUCATING AND SCIENCE OF UKRANE National Aviation University Department of Marketing Marketing plan on DANONE Done by: student of FML-206 Kateryna Golovchuk Kyiv 2015 Contents 1. Introduction 2.1. Purpose of the Marketing Plan 2.2. Mission, strategy and objectives of company 2.3. Company’s History 2.4. Company’s History 2. Situation Analysis 3.5. External Environment 3.6.1. Suppliers 3.6.2. Marketing intermediaries 3.6.3. Customers 3.6.4. Competitive Strategy 3.6.5. Companies competitors in Ukraine 3.6. Internal Environment 3.7.6. Political environment and Social environment 3.7.7. Economical environment 3.7.8. Cultural environment 3.7.9. Technological environment 3.7. Summary (SWOT analysis) 3. Marketing Programs 4.8. Product 4.9. Price 4.10. Place 4.11. Promotion 4.12. BCG Matrix for Nestle Ukraine 4.13. Segmentation, Targeting and Positioning 4. Conclusions and Recommendations 5. References 1. Purpose and Mission 2.1. Purpose of the Marketing Plan Purpose of this project is to discover the strategy for a company and its products, analyze the contemporary situation, its place in the world market, identify its marketing strategy, determine the...
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...Issues, Solutions, Pros & Cons: Everything You Should Know About The Family and Medical Leave Act (FMLA) Traci Johnson ENG.215: Research and Writing Prof. D. Meadows What is FMLA? How does it work? These questions are very common when it comes to FMLA. Many people do not understand the fundamentals of this act, nor the effects that it can have on the employer as well as the employee, and fellow employees. Throughout this paper, you will learn what FMLA is, how it works, the issues, pros, and cons of this act, as well as solutions that could better this act, and help it to be more easily understood and beneficial to all parties involved. What is FMLA? FMLA is the abbreviation for the Family and Medical Leave Act; which is a bill that was passed in 1993. This bill states that federal law required companies and employers, who employ more than 50 employees, must provide their employees with 12 work weeks of job-protected and unpaid leave for qualified medical and family reasons. However, not all employees will qualify to receive leave under the Family and Medical Leave Act. There are several qualifying factors that determine whether or not the employee is eligible for leave under this act, and whether or not a company is even required to honor leave under this act. It is required by law that all public, state, local, federal, and educational agencies, and all private sector employers who employ 50 or more people for at least 20 workweeks in a 12 months year...
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...NIGERIA MILLENNIUM DEVELOPMENT GOALS REPORT 2010 © 2010, Government of the Federal Republic of Nigeria TABLE OF CONTENTS Foreword . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 Acknowledgements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 Acronyms and abbreviations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Executive summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 MDGs status at a glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 Goal 1 – Eradicate extreme poverty and hunger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 Goal 2 – Achieve universal primary education . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Goal 3 – Promote gender equality and empower women . . . . . . . . . . . . . . . . . . . . . . . . . . . .22 Goal 4 – Reduce child mortality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27 Goal 5 – Improve maternal health . . . . . . . . . . ....
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...Draft Report On Financial Evaluation of Flipkart response to Amazon’s challenge Submitted To: Dr. Anupam Rastogi Submitted By: Group 4 MBA Capital Markets Nikhil A001 Nikita Agarwal A002 Niket Jithra A029 Nitish Khator A034 Pankaj Shah A046 Nilabh Shekhar A047 1|Page Introduction The e-Commerce industry was in its infancy for the larger part of the previous decade. However, in last three years, the industry has witnessed an incredible growth of 150%, increasing from USD 3.8 billion (INR 19,249 crores) in 2009 to USD 10 billion (INR 47,349 crores) in 2013. A number of business models for e-Commerce have evolved and are in varying stages of maturity. The resultant industry has come to be dominated by Flipkart, Amazon and Snapdeal in the non-travel related ecommerce market. e-Commerce is a capital intensive business and with problems abounding in technology infrastructure, low profit margins and poor physical infrastructure (logistics and distribution). In spite of this Flipkart has managed to raise $1.2 B this year which was followed by Amazon declaring an investment of $2B. In order to meet this challenge head – on Flipkart has planned to spend significant amount of capital in back-end infrastructure, logistics and warehouse, technological upgrade, scouting for new acquisitions, customer acquisition and talent. Paucity of significant larger players has resulted in money chasing few firms which have resulted in distorted valuations of companies. The companies have been...
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...Unit 10 The Teacher Who Changed My Life Warm-up I. The pictures below show three of the world’s great teachers. Match each picture with the right name and description. |( ( ( | |[pic] [pic] [pic] | 1. Confucius 2. Anne Sullivan Macy 3. Socrates A B C |Helen Keller’s teacher, who taught |A philosopher and Plato’s teacher, who |A philosopher and a teacher, who believed | |Keller how to spell and read, and thus|encouraged his students to think and responded |that education should be available to | |made Keller long for learning. |to their questions by asking more questions. |everyone and who adopted various teaching | | | |methods to inspire his students. | II. To you, which of the three is the greatest? Share your opinion with the class. Reading ( Reading Tip: What did the teacher do that changed the author’s life? The person who set the course of my life was a schoolteacher named Marjorie Hurd. When I stepped off a ship in New York Harbor in 1949, I was a nine-year-old war refugee, who had lost his mother and was coming...
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...performance. One important benefit is that supply chain management reduces the time required for a new product or service to progress from the initial concept to its final delivery to the market. Indeed, a key objective of supply chain management is to bring new ideas to market faster, whether they are innovations from in-house or ideas gleaned from elsewhere that an enterprise needs to transform into deliverable products faster than its competitors. Because it is the gateway to the market for any business, supply chain management adds value to the time an organization spends developing new products and services. Indicators of an organization’s financial performance are already recognized as being the income statement and the balance sheet reports. The income statement measures profitability over...
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...Part 1 Business Enterprises in China 1.0 Introduction 2.0 Proprietorships 3.0 Partnerships 4.0 Corporates 1.0 Introduction In the People’s Republic of China, business organizations may be classified in to three main classes: individual proprietorships, partnerships, and corporations. The laws that effect these forms of business enterprises are diverse. There is no single code or statute that governs the PRC law of business enterprises. According to the sources of capital, there are domestic capital enterprises which are regulated by Sole Proprietorship Enterprise Law of the People's Republic of China , Partnership Business Law of the People's Republic of China, and Company Law of the People's Republic of China and foreign capital enterprises which are regulated by The Measures for Administration of the Establishment of the Partnership by Foreign Enterprises or Individuals within the Territory of China, Law of the People’s Republic of China on Chinese-Foreign Con-Tractual Joint Venture, Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures, and Law of the People’s Republic of China on Foreign – Capital Enterprises. The relevant laws are the Security Law , the Fair Competition Law and the Antitrust Law. 2.0 Proprietorships 2.1What is a sole proprietorship enterprise A sole proprietorship enterprise means a business entity established within China with its capital contributed by one individual and its assts owned personally by the sole proprietor...
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...Chapter 1 1.1 HISTORICAL DEVELOPMENT Peoples Own savings bank of Zimbabwe (POSB) is a statutory, national savings bank, wholly owned by the government of Zimbabwe. The People’s Own Savings Bank was established on the 1st of January 1905 and has a proud history of achievement and service provision to every Zimbabwean. The former Post and Telecommunications (PTC) unbundled into three separate entities namely; The People’s Own Savings Bank replacing the Post Office Savings Bank, Zimpost replacing the former Post Office and Telone and Net One replacing Telecoms. In 2001, the POSB bank Act (chapter 24:22) was promolgumated, establishing POSB as a corporate entity. This Act widened the scope of the bank to enable it to offer a wide range of financial products. The bank's core mandate is to promote a culture of saving amongst Zimbabweans, especially in the previously unbanked outlying communities. POSB deals with clients from the lower market. POSB is directly supervised by the ministry of finance and Reserve Bank of Zimbabwe. 1.2 THE BUSINESS STATEMENT 1.2.1 Vision To be a world class Savings Bank catering for all. 1.2.2 Mission To be a Savings bank which provides a broad range of quality, accessible and affordable financial services. 1.2.3 Values Innovation Ability to change for the better. KUNDAI KAMANGA Page 1 N0110841B Excellence Exceeding set standards and expectations. Integrity Being trustworthy, dependable and honest in all our...
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...Working Paper No. 213 Determinants of Regional Patterns of Manufacturing Exports: Indian Firms since the Mid-1990s Jaya Prakash Pradhan Keshab Das January 2013 Gujarat Institute of Development Research Ahmedabad Abstracts of all GIDR Working Papers are available on the Institute’s website. Working Paper No. 121 onwards can be downloaded from the site. All rights are reserved. This publication may be used with proper citation and due acknowledgement to the author(s) and the Gujarat Institute of Development Research, Ahmedabad. © Gujarat Institute of Development Research First Published ISBN Price January 2013 81-89023-70-5 Rs. 40.00 Abstract There exists a glaring gap in the literature studying the role of subnational factors in the export performance of enterprises. A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. The size of technological knowledge stock, port facilities and credit availability in a state are observed to be favouring higher export intensity of local firms. All these call for state’s policy attention to improve regional knowledge base, strengthening of port facilities or ensuring better transportation networks to ports and improved credit availability if local firms were to face the least hurdles in their efforts to internationalize. Fiscal incentives continue to promote firms’ export activities. In addition, firms own characteristics...
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...Strategies for Tuberculosis Control from Experiences in Manila: The Role of Public-Private Collaboration and of Intermittent Therapy INAUGURALDISSERTATION zur Erlangung der Würde eines Doktors der Philosophie vorgelegt der Philosophisch-Naturwissenschaftlichen Fakultät der Universität Basel von Christian Auer aus Bottmingen (BL) Basel, Mai 2003 Genehmigt von der Philosophisch-Naturwissenschaftlichen Fakultät der Universität Basel auf Antrag von Herrn Prof. Dr. Marcel Tanner und Herrn Professor Dr. Klaus M. Leisinger Basel, den 6. Mai 2003 Prof. Dr. Marcel Tanner Dekan DEDICATION In memory of Aling Tess and Mang Tony, former neighbours of mine, victims of tuberculosis, the unrestrained killer that terminates daily the lives of 5000 people. With the sincere hope and plea that some findings and thoughts of this dissertation will contribute to reducing tuberculosis and poverty. “The appalling global burden of tuberculosis at the turn of the millennium, despite the availability of effective control measures, is a blot on the conscience of humankind. For developing countries, the situation has become desperate and the "cursed duet" of tuberculosis and AIDS is having a devastating impact on large sections of the global community. The vital question is, can despair be turned to hope early in the next millennium?” John Grange and Almuddin Zumla, 1999 TABLE OF CONTENTS Acknowledgements Summary Zusammenfassung Abbreviations i iii vii...
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...需要写的英文邮件多了，就觉得很吃力，尤其是当需要经常写给同一个人时。希望邮件的开头、结尾、一些客套的话能有不同的表达~~ 邮件的开头 感谢读者是邮件开场白的好办法。感谢您的读者能让对方感到高兴，特别是之后你有事相求的情况下会很有帮助。 Thank you for contacting us.如果有人写信来询问公司的服务，就可以使用这句句子开头。向他们对公司的兴趣表示感谢。 Thank you for your prompt reply.当一个客户或是同事很快就回复了你的邮件，一定记得要感谢他们。如果回复并不及时，只要将“prompt”除去即可，你还可以说，“Thank you for getting back to me.” Thank you for providing the requested information.如果你询问某人一些信息，他们花了点时间才发送给你，那就用这句句子表示你仍然对他们的付出表示感激。 Thank you for all your assistance.如果有人给了你特别的帮助，那一定要感谢他们！如果你想对他们表示特别的感激，就用这个句子，“I truly appreciate … your help in resolving the problem.”Thank you raising your concerns. 就算某个客户或是经理写邮件给你对你的工作提出了一定的质疑，你还是要感谢他们。这样你能表现出你对他们的认真态度表示尊重及感激。同时，你也可以使用，“Thank you for your feedback.” 在邮件的结尾 在邮件开头表示感谢一般是表示对对方过去付出的感谢，而在邮件结尾处表示感谢是对将来的帮助表示感谢。事先表示感谢，能让对方在行动时更主动更乐意。 Thank you for your kind cooperation.如果你需要读者帮助你做某事，那就先得表示感谢。 Thank you for your attention to this matter.与以上的类似，本句包含了你对对方将来可能的帮助表示感谢。 Thank you for your understanding.如果你写到任何会对读者产生负面影响的内容那就使用这句句子吧。 Thank you for your consideration.如果您是在寻求机会或是福利，例如你在求职的话，就用这封邮件结尾。 Thank you again for everything you've done.这句句子可以用在结尾，和以上有所不同。如果你在邮件开头已经谢过了读者，你就可以使用这句话，但是因为他们的帮助，你可以着重再次感谢你们的付出。 十种场合的表达 1. Greeting message 祝福 Hope you have a good trip back. 祝旅途愉快。 How are you? 你好吗? How is the project going? 项目进行顺利吗? 2. Initiate a meeting 发起会议 I suggest we have a call tonight at 9:30pm (China Time) with you and Brown. Please let me know...
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