...company pay the empolyees by take care of them and their needs but since 1964 according from the observers the generation after that are not as as same as their parents because their already live richer and more modern than their parents beside that also the influence from the western ideas . the potential influence from this side is the company changed the pay scheme for the manager or the workers , before they give the bonuses base on seniority but since 2000 matsushita and company changed to see the performance method , it’s mean who give the best performance get the better and higher bonus and also the performance of the managers and the workes would be transparent by shown the ranking of the performance . at that time become the first step of revolution in human resource pratices since that time all companies use that method , the manager who gives the best performance earn more and get more bonus although they are still young . but after put that into the perfomance still many of employee under 1990 lack of experience and can’t adapt with the new system that make the perfomance become poor which cause Mathushita have to close 30 factories include 13.000 jobs and 1.000 management and sell huge amount of assets ....
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...Brief background and context: Junior salesperson ("Seth"), an assistant on the non-dollar derivative desk of FirstAmerica (“FA”), finds himself in a difficult situation and has to decide what course of action to take as relates to going along with misrepresenting material facts to a key client, Poseidon, in conjunction with their hedging of French Franks relating to the $700 million equivalent cost of the five year construction of a new cruise ship. Seth is a relatively new employee at FA and was recruited by one of his key managers, a salesperson named Linda. Linda is asking Seth to “play along” with her questionable sales tactics so as to make the trading desk at FA a huge profit and herself a very large $1 million bonus. Seth would earn a bonus of about 70% of his base salary. Seth is ethically conflicted, as he does not feel that Linda’s tactics are honest and perhaps even legal. Who are the key players involved: (i) “Seth” – the junior salesperson at FA (ii) Linda – a top salesperson on the FX desk at FA and Seth’s boss; recruited Seth in (iii) Roger – floor trader at FA (iv) Peter – Sales Manager for Derivatives at FA (v) CFO of Poseidon What are the main issues/allegations? (i) Is fraud being committed by any or all of the following: a. Sending the Telerate page that grosses up for withholding tax, but withholding tax does not apply to cross currency swaps b. Convincing the CFO of Poseidon that the deal needs to remain secret...
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...Instruments The new pay system at Alliston Instruments isn’t working because the production standards set in place for employees to earn bonuses based on individual output on some tasks are set too high and there is also no way to compare the per-hour production rate for each item or assembly operation from 2012 to the production rate of 2013 for employees to receive bonuses for each piece produced because detailed records were never kept. The new system also doesn’t favor supervisors because they make less money than some of the workers and it creates increasing conflict with employees, as they don’t care about the quality of the products the produce as long as the output meets minimum standards. The individual production bonus system could work if some changes are made to the system to make it better. One such way would be to keep detail records of the per-hour production rate for each item to be able to compare them to that of the following year so that the bonuses can be given out effectively. Another way would be to set a standard of quality that all employees can follow to make sure all items produced are done effectively and there is less waste of raw materials. The final way would be to give bonuses to the supervisors also for the amount of workers they supervise that surpasses the past years levels. I don’t believe that the individual performance pay is suitable for this company because it brings about conflict between the workers and the supervisors...
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...support high performance. As a result, Sysco compensation strategies are performance based. Driver and warehouse workers compensation at Sysco is primarily activity based. Their activity based performance is dependent upon each individual’s productivity level. The drivers for example have control over their route as if running their own business. A driver will have a number of elements that dictate the pay he or she will receive depending upon their route and pounds of products delivered to the customer. Also, as an added bonus, when a driver finishes their route early, they are free to leave for the day. This type of performance based pay extends throughout the entire company in various forms from the chairman of the company to the frontline workers. Executives and managers at Sysco receive pay based incentives in the form of bonuses and stock options. The greater their performance in regards to achieving company objectives, the greater bonus they will receive. Sysco uses a percentage program when evaluating the managers and executives for their bonuses and stock options. Having a job is always positive, but having a great paying job that actually rewards you for...
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...on improved company performance for increased productivity, increased customer satisfaction, lowers costs or better safety records” Martocchio, J. J. (2015). P86. For CircleWorks specifically, gain sharing implemented on multiple levels, beginning with teamwork bonuses. Having a strong team will not only increase productivity for CircleWorks but it will increase ideas coming from employees themselves. Since CircleWorks already has multiple teams that work well together, the teams will need to be mixed up. CircleWorks will select a few individuals from each team and integrating them with a team that may not work as well, forcing new teams to be created. Teams with the most productivity can be put into a raffle for a free group lunch or a bonus created by management. Increasing teamwork at CircleWorks will implement the leadership component of gain sharing, as teams will also be encouraged to discuss options for the company and bring them to management. Root III, Demand Media, G. N. (n.d.). The second component of gain sharing is employee involvement, which has already begun in the leadership component. In addition to creating teams and encouraging them to bring ideas to the team, team meetings will be held monthly to discuss options. “Regular staff meetings can serve to remind employees that there is more going on than their own issues and deadlines and may see opportunities for mutual support and collaboration, let alone obtain vital information from each other.” Workplaces...
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...There are bonuses that are given to those who do not win their bets, these are called cash back bonuses. The beauty of these incentives is that they take some of the sting out of a lost wager. Each sports book website will calculate the cash back bonus differently, though there is some continuity between each platform. The average percentage of cash back given on a lost wager is 20%. However, other fees and costs are deducted from the total before that percentage is figured. To earn a cash back bonus, you will need to make a new deposit. The site will subtract the current and pending balance of your account, the accumulated winnings from all previous periods, and then the redemptions for the period from your new deposit amount. The remainder...
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...Purpose: The purpose of this promotion is to drive increases in fourth quarter gaming volume and revenue. Brief Description of the Promotion: The $135,000 Holly Jolly Cash Holiday promotion is a cash and car drawing. This promotion has three (3) parts: 1. From December 15th – 17th between 3:00 p.m. and 8:00 p.m. guests playing slots will be drawn to win $500 up to $5,000. This portion of the promotion is a hot seat drawing and guests do not have to earn points to qualify (see “Internal Process Drawing a Winner | Slot Machine Hot Seats”). 2. From December 15th – 17th between 3:00 p.m. and 8:00 p.m. guests playing table games will be drawn to win $500 up to $5,000. This portion of the promotion is a random winner generator Hot Seat drawing and guests do not have to earn points to qualify (see “Internal Process Drawing a Winner | Table Games”). 3. On December 17th at 9:00 p.m. one guest will win a vehicle. This portion of the promotion is an earned entries drawing (see “Internal Process Earned Entries”). Hot Seat Drawings December 15th – December 17th • Snoqualmie Casino will host a hot seat promotion for slots and table games where players will draw an ornament from a tree to win $500 up to $5,000 (see “Prize Details” below). There will be a total of 120 winners; 40 each day. One (1) random winner will be selected at each drawing. • There is no point requirement to win this portion of the promotion. • There will be a total of 65 ornaments on the gameboard for guests to choose...
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..._____________________ Title: _____________________ Signing Bonus: _____________________ Relocation: _____________________ Stock Options: _____________________ Other Terms: _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ Signed, __________________________ __________________________________ Joe Tech, negotiator Leigh Bultema, negotiator Job/Salary Negotiation Issues ▪ Is salary negotiable? The salary conditions were a stumbling block for this particular exercise. With the knowledge of being the manager, I knew that I had other qualified individuals that could be offered the position. The scenario explained that RR already offered a high beginning salary for a new employee. I felt that someone fresh out of college did not warrant a higher salary. In general, I do believe that salary can usually be negotiated. For the majority of jobs (not retail, fast food, etc…), employers give a range of what the salary can be. For the federal government, salaries are usually locked in but you might be able to negotiate at what level you start. ▪ What other things are negotiable? If salary is locked in, there are always other options. For the exercise, we looked at offering relocation costs, a signing bonus, stock options and even starting dates. All these things...
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...SAT Vocabulary A abase (v.) to humiliate, degrade (After being overthrown and abased, the deposed leader offered to bow down to his conqueror.) abate (v.) to reduce, lessen (The rain poured down for a while, then abated.) abdicate (v.) to give up a position, usually one of leadership (When he realized that the revolutionaries would surely win, the king abdicated his throne.) abduct (v.) to kidnap, take by force (The evildoers abducted the fairy princess from her happy home.) aberration (n.) something that differs from the norm (In 1918, the Boston Red Sox won the World Series, but the success turned out to be an aberration, and the Red Sox have not won a World Series since.) abet (v.) to aid, help, encourage (The spy succeeded only because he had a friend on the inside to abet him.) SAT Vocabulary A abhor (v.) to hate, detest (Because he always wound up kicking himself in the head when he tried to play soccer, Oswald began to abhor the sport.) abide 1. (v.) to put up with (Though he did not agree with the decision, Chuck decided to abide by it.) 2. (v.) to remain (Despite the beating they’ve taken from the weather throughout the millennia, the mountains abide.) abject (adj.) wretched, pitiful (After losing all her money, falling into a puddle, and breaking her ankle, Eloise was abject.) abjure (v.) to reject, renounce (To prove his honesty, the President abjured the evil policies of his wicked predecessor.) abnegation ...
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...is busy at work on his scaffold when Dorothy’s Scottish terrier TuTu, who she keeps with her at work, plows into the scaffolding while chasing a cat. Phil is knocked off the scaffold and falls ten feet to the ground, suffering a broken leg. Please address any and all issues you spot in this problem. You may need to make a few assumptions, if so... please state what those assumptions are. According to www.businessdictionary.com, an agent’s duties are to act on behalf of and be subject to the control of the principal, act within the scope of authority delegated by the principal, use duties with appropriate care, avoid conflict with personal interests and those of the principal, and promptly hand over to the principal all monies collected on principal’s behalf. The principal’s duties are to compensate the agent as agreed and to cover the agent against claims, liabilities, and expenses incurred in using duties assigned by the principal. The relationship between the principal and the agent is the agreement that the agent will act on the behalf of the principal. The agent assumes an obligation of loyalty to the...
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...is concerned, first and foremost, he or she must be aware of the different types of emergency situations that can arise on board ship. This would help in understanding the real scenario in a better way, and would also lead to taking correct actions to save life, property, and environment. We have prepared a brief instruction guide that must be given to all the seafarer onboard to tackle different emergency situations. Emergency Situation Guide Officers and crew should familiarize themselves thoroughly with the Fire Training Manual and the training manual on Life Saving Appliances of the ship. General Alarm In case of a general alarm: * Rush to muster station with life jacket, immersion suit, and act according to the vessel’s Muster Lists. * Act as per the emergency explained by the in charge officer. Fire alarm In case of a fire alarm: * Inform Officer On Watch. * Check if it is a false or true alarm. * Report back of findings. * In case of fire, raise the Fire/General alarm as soon as possible. Try to stop fire and if it is not possible, muster according to the Fire Muster List. Man Over Board signal In case of Man Overboard Signal: * Rush to the deck and try to locate the crew member fallen in the water * Throw lifebuoy and inform deck. Read more here. Abandon Ship Signal In case of...
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...Adam 15 September 2014 The Price of College is on the Rise On the morning of Wednesday March 6th, 2013 I hurriedly got ready for the ACT after slightly sleeping in. The panic from sleeping in on top of all the stress and worry for my future made me on edge for the most important day thus far in my young adult life. All of my hard work for the past 3 years was rest assured on the next 4 hours, I had to get a high score on the test there is no other way. Rick Perlstein, the author of “What’s the Matter with College” argues the negative changes in college since the 1960s. He disputes that the college experience is not as radical and political as previously. He claims that students are overly concerned with money, which amplifies the fact of students being overscheduled to the point they don’t explore who they are. Indeed, young adults are too connected to their parents through technology and evolving social media to explore anything new. In other words I agree with Perlstein that college is now less of an experience, I believe this is caused by the sky rocketing cost of attendance and the focus on the economy/debt. With the enormous rise of college tuition students have been fighting the inevitable reality of debt. The College Board articulates that the average tuition at a four-year college has increased by 27 percent beyond the rate of inflation over the five years from the 2008-09 academic year to 2013-14. Even after raising cost for inflation the average cost has tripled...
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...developing marketing principles. Our goal was to develop an inventory of marketing principles and to see how this inventory changed over time. But in trying to develop this inventory, we were confronted by the second question, that is, the communication of knowledge. Thus, we sought to develop an inventory of the principles that are actually being communicated. As a working definition, we defined principles as normative statements that specify a condition followed by a suggested action. That is, marketing principles should provide operational guidelines, telling managers how to act in a given type of situation. An example of a principle is that the illustration in a print ad should be placed above the copy. Principles should help marketing managers to make better decisions because they incorporate marketing knowledge derived through previous research and experience. A well-developed set of principles can act as a basis for an expert system. For example, Burke et al. (1990) developed an expert system in advertising based heavily upon the principles presented in the advertising textbook by Rossiter and Percy (1987). Well-supported principles of marketing should be of interest to marketing practitioners. Those who make marketing decisions might like to know what principles can help them make better decisions. Such principles, for example, might show the conditions under which an increase in prices would improve profitability. In many disciplines, basic principles seem to be transmitted...
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...Boudreau v. Lin, 1997 12369 (ON SC) 1997-08-20 Case Presentation For INTERNATIONAL BUSINESS LAW PREPARED BY Lewis-Asonye Chigozie 300759315 Ogunsanya Quadri 300771273 Akinola Oluwafemi 300761445 Nwankwo Ifeanyi 300671046 ON MARCH, 26TH 2014. SUBMITTED TO Professor Michael Karambatos Table of Contents Introduction…………………………………………………………………………………...2 Facts...........…………………………………………………………………………………...3 Issues.............................................................................................................…........................6 Rules ….…………...........................………………………………………………………….7 Analysis........................………………………………………………………………………..9 Conclusion….…………………………………………………………………………………11 References…………………………………………………………………………………….12 Introduction Plaintiff: Mr. Paul Boudreau; Counsel: Katherine A. Cotton Defendant: Professor Jimming Lin; Counsel: Daniel Mayo Defendant: University of Ottawa; Counsel: Kathryn Prud’ Homme The case between Mr. Paul Boudreau and Professor Jimming Lin took place in the Ontario Supreme Court (General Division) presided by Métivier J. The hearing was on the March 3, 4, and 5, 1997 while the judgement was rendered on August 20, 1997. The Judges opening remarks to the case:- The plaintiff,...
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...position of coxswain for the freshmen eight, and along with it the task of controlling eight unruly freshmen boys and keeping a $30,000 racing shell from being damaged. My sophomore year I earned the coxswain position on my team’s top boat the Men’s Junior 8+. On that boat we went undefeated all season and brought the team their second national title. Junior year I once again earned the spot of coxswain on the top boat, which this time was the Med’s 1st Varsity 8. The job as a coxswain is fairly simple. My job is to act as a second coach, I am in charge of the boys who comprise my crew and it is my job to make sure they do their job to the best of their ability. At the same time every day at practice it is demanded of me that I behave in a mature and responsible manner. My experience on my rowing team has been truly defining, I learned things about myself I would have never known had I not joined the team. As a coxswain I have to behave as if I were a coach I must act maturely and responsibly. My ability to do so has earned me respect and the honor of commanding the fastest boats my team can field. Even through the worst of times in my life I have always had rowing as an escape. At crew I am stress free and without outside burdens, I am free to be myself. I am certain that had I not joined the rowing team my freshmen year I would have been a different person. I would not have made the friends I did I would not have gained the confidence I have. And the feeling of belonging and...
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