...Most will agree that knowledge is the ‘key’ resource in this post-industrial economy. The challenge for many companies is developing an organization that creates and cultivates knowledge and learning. Pay plays a significant role in shaping workplace behavior. Most of the traditional pay systems reward the job, but don't always incite the employees who are willing and able to go above and beyond to want to actually want to do so. There are many ways to accomplish this and one of those ways is by implementing the the resources and abilities of HR. Corporations are looking for new ways to improve employee performance as well as remain competitive. Pay for performance is one method some businesses are utilizing to improve employee performance. Performance-based compensation exists when compensation is tied directly to that portion of an individual’s performance that can be effectively measured. There are a number of ways in which this may be accomplished and a number of examples as well how it is applied. One popular pay for performance structure is the merit pay system. In the merit pay system an employee is paid a higher rate within their respective salary range, based on her/his achievements or high level of performance. Another performance structure is the Rating Scale. For each performance factor, an employee is assigned a position on the scale in relation to that factor. Performance factors are the key duties and responsibilities of particular position. If the performance...
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...Introduction I work for the City of Augusta which is functional but a dysfunction organization. The City has adopted a Weak mayor and Council manager polices, under the weak mayor council plan, administrative as well as legislative authority is the responsibility of the commission members. The mayor’s power is weak and has no greater authority than those on the commission. Since the city is a statutory which means it has a population of more than a 1000 is also incorporates the Council Manger plan under this form the administrative powers is the responsibility of the City Manager. The manager is directly responsible to the commission and the commission has policy making and legislative authority. The city’s government structure falls under Georgia’s Home Rule for local city governments. When it comes down to appearance the organization appears to be functional but its lack the fundamentals necessary to maintain high moral among employees and to motivate growth in all departments. Many employees see their job as a job not as a career. Planning Augusta’s Government Structure In 1996, the City of Augusta and Richmond county consolidated to form one government. The consolidated government consists of the Mayor and the Augusta Commission. The Commission is composed of ten members: eight members are elected by district; two members are elected by “super district” The Augusta Commission is authorized by Home rule provision of the Constitution of the State of Georgia 1983...
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...Thomas Whittemore Unit 3 Post University 1. How can Unions secure economic gains? Explain the ramifications Unions help economic growth, and they do not hinder them. Unions are out fighting for workers and getting them high pay and better pension benefits. This all translates into money that can be spent into a market economy. The more people buy products, the stronger and more powerful the economy becomes for everybody. To clarify - real unions are as important just as police, teachers, doctors etc. are necessary. Unfortunately in the US very few or none exist. Working men and woman who have fought and sacrificed for this country are the ones that have purchased true freedom and deserve to have voice 2. Briefly explain why organized labor was opposed to NAFTA. There has been significant opposition to NAFTA from organized labor. Unionists say NAFTA harms workers both here and in Mexico by taking U.S. jobs away and intensifying the exploitation of Mexican workers. Nearly half a million Mexicans already work in "maquiladoras" where over 1,500 mostly U.S.-owned assembly plants operate free of taxes and tariffs. Only about 10 percent are organized, compared to 25 percent of Mexican workers overall. Average pay runs from 50 cents to a dollar an hour. NAFTA will only intensify this exploitation as it lures corporations to set up runaway shops. Yet much of the opposition to NAFTA has been drawn on narrow lines and lets the capitalist system off the hook. For...
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...of the overall organizational performance by managing the performances of teams and individuals for ensuring the achievement of the overall organizational ambitions and goals. An effective performance management system can play a very crucial role in managing the performance in an organization (Performance Evaluation, 2013). For Mr. Stonefield’s new business, this plan is necessary to guarantee that his organization’s goals are going to be achieved. Performance management is the systematic process of; planning work and setting expectations, continually monitoring performance, developing the capacity to perform, periodically rating performance in a summary fashion, and rewarding good performance (US Office of Personnel Management, 2013). Planning Planning is setting performance expectations and goals for groups and individuals to merge their efforts toward achieving organizational objectives. Goal setting leads to success in improving performance. Setting goals directs the employees’ attention to the specific performance in question. It also mobilizes efforts to accomplish higher levels of performance, and fosters persistence for higher levels of performance (Cascio, 2013). Getting employees involved in...
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...called industrial relations. Workers or group of workers are represented by trade unions. Labor relations may take place on different levels such as regional, national, international. The main challenge for such relation is ability to adapt to emerging changes. The world and technology develops very fast, so do relations between workers and management. Trade unions (also called) labor unions are organizations of workers who united to defend their rights, solving problems in the industry such as wages, working hours, bonuses, Union represent workers and negotiate with the management on behalf of the workers (Jochem, 2000). Such relations are usually accompanied by tensions and conflicts and company owners usually want to earn more and pay less. Workers are willing to work in better conditions for a better salary. Labor unionism in the United States is an expression of the American democratic spirit working itself out in industry is hardly to be doubted. Its beginnings coincided with the period when the free colonies were establishing state governments, and the principles of the federal Constitution were subjects of great political debate. It developed stretch in Jefferson's administration, and grew to a full-fledged labor movement during the presidency of Andrew Jackson. Workmen's clubs, unions, were part of the movement of "Republican-Democratic Societies" which marked "the Rise of National Democracy" in the early decades of the nineteenth century. The American ideal that...
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...called industrial relations. Workers or group of workers are represented by trade unions. Labor relations may take place on different levels such as regional, national, international. The main challenge for such relation is ability to adapt to emerging changes. The world and technology develops very fast, so do relations between workers and management. Trade unions (also called) labor unions are organizations of workers who united to defend their rights, solving problems in the industry such as wages, working hours, bonuses, Union represent workers and negotiate with the management on behalf of the workers (Jochem, 2000). Such relations are usually accompanied by tensions and conflicts and company owners usually want to earn more and pay less. Workers are willing to work in better conditions for a better salary. Labor unionism in the United States is an expression of the American democratic spirit working itself out in industry is hardly to be doubted. Its beginnings coincided with the period when the free colonies were establishing state governments, and the principles of the federal Constitution were subjects of great political debate. It developed stretch in Jefferson's administration, and grew to a full-fledged labor movement during the presidency of Andrew Jackson. Workmen's clubs, unions, were part of the movement of "Republican-Democratic Societies" which marked "the Rise of National Democracy" in the early decades of the nineteenth century. The American ideal that...
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...Assignment #1: The Business Environment Mondith Sreng Professor Jane Osburn BUS 100 Introduction to Business 1/22/20122 The role of business in an economy is involved in any type of activity that provides goods, services, or both to consumers in an attempt to earn a profit. Business drives up the standard of living of quality and quantity of goods and services available to a population and contributing to the higher quality of life in which is overall sense of well-being experienced by either an individual or a group. Business also helps raise the standard of living through taxes. However businesses do not only provide the products and services that people acquire, but they as well provide job opportunities that people need to survive nowadays. The evolution of business has changed a lot over the past 200 – 300 years. American businesses were divided into five distinct ears, which created a huge impact in our economy. There were The Industrial Revolution, The Entrepreneurship Era, The Production Era, Marketing Era, and The Relationship Era. The Industrial Revolution was a period of rapid industrialization during the mid-1700s to the mid-1800s. Factories hired a large amount of mediocre workers who worked only on limited number of tasks. The Entrepreneurship Era was during the second half of the 1800s. Where entrepreneurs came about building business empires, they were raising mass amounts of wealth. However many also dominated their markets, which in fact put out...
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...(Pettinger, 2012). Some form of government intervention is usually necessary to ensure greater equality and prevent market failures. However, the government might make bad decisions as they can be influenced by political pressure groups. Furthermore, government intervention might also create excess bureaucracy and inefficiency when they spend on public and merit goods. As mentioned earlier in this paper, government intervention can be very helpful when the market fails. Without any government intervention, many people in the society can be negatively affected. An example would be the overconsumption of products with negative externalities which is the result of demerit goods. The government can intervene by setting a minimum age for consumption and even hold information campaigns to raise awareness. Government intervention is also necessary when prices of goods and services are rising to protect the consumers and when they're falling to protect the producers. Without the implementation of a price floor or price ceiling, prices might rise too high or fall too low which will have an adverse effect on many people. Although government intervention is necessary most of the times, there are times when it should be avoided. Such interventions shouldn't be necessary if the market is running smoothly and both the consumers and producers are satisfied with the benefits gained from the trade. Unnecessary interventions might lead to a deadweight loss and economic inefficiency. When government intervention...
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...The DREAM act: The Hope and Vision for Illegal Aliens GreciaCatu is a 2009 valedictorian at the University High School in Texas has been an exceptional student since she was 7 years old. She loved math and books and as a High School student, she received a presidential scholarship to go to Baylor University, renowned for having one of the highest turnouts of students to attend medical school after graduation. Given her potential, she could have been one of the leading scientists working towards developing a cure for cancer or on other work that would advance society. She could be all these wonderful things if she was able to accept this offer but unfortunately, she is barred from pursuing higher education because like the 1.2 million students all over the country, she is an illegal citizen. Most of the time, these children are not here by choice but because their parents brought them to the United States at a young age; it is cruel to punish these students for acts their parents committed. Furthermore, situations aforementioned can be mutually beneficial as students like Grecia would benefit as a person from gaining a higher education and the opportunities available during and after this pursuit while society would be able to enjoy the fruits of her labor as well as the taxes she would generate, to name a few. Therefore, in order to support those 1.2 million smart illegal students to continue their pursuit for higher education, a proposal was brought to the senate in 2001...
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...Cover Page Programme: BTEC Higher National Diploma (HND) in Business Unit Title and Number: Managing Financial Resources and Decisions (Unit 2) QFC Level: 4 Credit Value: 15 Credits Module Tutor: Yannick Fansi Student’s Name: Adeyinka Adedoyin Email: princessadeyinkaadedoyin@yahoo.com Student’s ID: 21834 Task 1: 1.1 Identify the Alternative Sources of finance that could be available to the business. (1.1, 1.2) Introduction In writing this assignment report, I will attempt to look into the different sources of finance that business can access or that available for starting a new business and I will also find out the implications of sources of finance and how it impacts on the business. It is often difficult to start a business without enough capital or cash, as all businesses require some form of finance throughout the life span of the business and for the operational cost of the day to day running of the business. Therefore without finance or raising enough capital the business can never materialised. It can therefore be argued that Finance is the life wire of a business as it plays a major role in starting a business. Finance can be used for various business projects including purchase of machinery, starting up a restaurant or for expanding existing business. When considering starting a business before raising the finance certain factors such as the size of the business, location of the business, the type of business and the target...
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...Introduction to Greggs Brief History Greggs is a well known UK based business that specialises in baking products that are ready to eat in stores. The business is based in Newcastle in England as this is where Greggs was established. Greggs bakery’s was found by John Gregg in 1939 and the first actual Greggs shop was opened in Newcastle in 1952. From then on the bakery has continued to expand in its success which started when John Smith died and his two sons had taken over. They decided to expand Greggs into other areas of the country such as Glasgow, Leeds, London, Kent and Manchester. In 1994 Greggs the bakers completed a takeover of rival bakery, baker’s oven. After this Greggs became the largest bakers shop in the U.K and still continued to rapidly grow. Greggs Today Greggs is a Public Limited Company that is listed on the FTSE 250 in the London Stock Exchange. Currently Greggs has 1,671 shops in the U.K with plans to increase this number and add another 500 more. Due to the growth of Greggs it has become bigger than multinational fast food provider McDonalds in the U.K. Currently there are over 20,000 employees that work for Greggs in the bakery stores to the headquarters in Newcastle. Greggs aim to provide freshly baked food every day by having 10 regional bakeries that produce the food and is then delivered by a fleet of 375 delivery vehicles. There are also 90 large in store bakers in the country to provide the freshest baked goods in them stores and other surrounding...
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...all Orders of Judge Pratt’s beginning with the Order applying the CAPP program through the Order Granting CLG Attorney’s fees. All orders are final (Rule 54(b)). The Appeal, subject to C.A.R. 31(c) and C. A. R. 28(a), RT=Reporters Transcript; AA: =Appendix; Ad: =Addendum (Orders attached to brief). II. STATEMENT OF ISSUES A. Whether the court erred in concluding that Brumfiel failed to state a claim under 12(b) (5); and concurrently that defendant lacked standing. B. Whether the Statute of Limitation of 1 year was tolled under the Continuing injury Doctrine in Brumfiel’s FDCPA claim. C. Whether the court erred in denying Brumfiel’s Motion to Dismiss on grounds that the Trust had standing to foreclose and denying her defenses including constitutional defense. D. Whether the Court erred Granting Plf’s Summary Judgment, where the Trustee’s status as holder was disputed as sufficient to foreclose. E. Whether the Court erred by holding that Brumfiel may not, as a non-party, challenge an assignment or agreement. F. Whether the court committed error by applying the Civil Access Pilot Program (CAPP) to Defendant’s foreclosure. G. Whether the court abused its discretion by making rulings on evidence that denied her a chance to tell her side, and withholding excess proceeds from the sale. H. Whether the plaintiff waived any deficiency judgment. 1 I. Whether the court erred by granting the CLG attorney’s fees from an Untimely, and Procedurally Defective Request. III. STATEMENT OF THE...
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...Gian Lorenzo Bernini, (born December 7, 1598, Naples, Kingdom of Naples [Italy]—died November 28, 1680, Rome, Papal States), Italian artist who was perhaps the greatest sculptor of the 17th century and an outstanding architect as well. Bernini created the Baroque style of sculpture and developed it to such an extent that other artists are of only minor importance in a discussion of that style. Bernini’s career began under his father, Pietro Bernini, a Florentine sculptor of some talent who ultimately moved to Rome. The young prodigy worked so diligently that he earned the praise of the painter Annibale Carracci and the patronage of Pope Paul V and soon established himself as a wholly independent sculptor. He was strongly influenced by his close study of the antique Greek and Roman marbles in the Vatican, and he also had an intimate knowledge of High Renaissance painting of the early 16th century. His study of Michelangelo is revealed in the St. Sebastian (c. 1617), carved for Maffeo Cardinal Barberini, who was later Pope Urban VIII and Bernini’s greatest patron. A major figure in the world of architecture, he was the leading sculptor of his age, credited with creating the Baroque style of sculpture. As one scholar has commented, 'What Shakespeare is to drama, Bernini may be to sculpture: the first pan-European sculptor whose name is instantaneously identifiable with a particular manner and vision, and whose influence was inordinately powerful...' In addition, he was a painter...
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...Making express or implied promises and trading favors. • 7. Coalition tactics. Getting others to support your effort to persuade someone. • 8. Pressure. Demanding compliance or using intimidation or threats. • 9. Legitimating tactics. Basing a request on one’s authority or right, organizational rules or policies, or express or implied support from • , social power is defined as “the ability to marshal the human, informational, and material resources to get something done.”22 • • Two dimensions of power that deserve our attention are (1) socialized versus personalized power and (2) the five bases of power. 5 bases of power: Reward power. A manager has reward power to the extent that he or she obtains compliance by promising or granting rewards. On-the-job behavior shaping, for example, relies heavily on reward power. Coercive power. Threats of punishment and actual punishment give an individual coercive power. For instance, consider this heavy-handed tactic by Wolfgang...
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...4-1-2013 A Blockbuster Failure: How an Outdated Business Model Destroyed a Giant Todd Davis John Higgins Recommended Citation Davis, Todd and Higgins, John, "A Blockbuster Failure: How an Outdated Business Model Destroyed a Giant" (2013). Chapter 11 Bankruptcy Case Studies. http://trace.tennessee.edu/utk_studlawbankruptcy/11 This Article is brought to you for free and open access by the College of Law Student Work at Trace: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Chapter 11 Bankruptcy Case Studies by an authorized administrator of Trace: Tennessee Research and Creative Exchange. For more information, please contact trace@utk.edu. A Blockbuster Failure: How an Outdated Business Model Destroyed a Giant Todd Davis, John Higgins Table of Contents I. Introduction 1 II. Background Information 1 a. Business Model 5 b. Key Events Leading to Chapter 11 7 III. Chapter 11 12 a. “The Plan” 12 b. Filing 14 c. Petition Schedules: Liabilities, Creditors, and Assets 15 d. First Day Motions 19 e. DIP Financing 28 f. The Unsecured Creditors Committee 32 g. Administrative Expenses – Professional Fees 32 IV. The § 363 Sale 38 a. Road to the § 363 Sale 38 b. The Motion 41 c. Sale Terms 42 d. Blockbuster’s Business Justification for the § 363 Sale 46 e. Assumption and Assignment 48 f. Administrative Relief Requested 49 g. Creditors Object to the Proposed...
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