Globalization Chapter 2 A. Perception Page 38 What is Perception? • The process by which individuals organize and interpret their impressions to give meaning to their environment. Why is it important? • Because behaviour is based on perception of what reality is, not on reality itself. • The world as it is perceived is the world that is behaviourally important. Why we study perceptions? • To better understand how people make attributions about events. We don’t see
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INTRODUCTION KenolKobil Limited is a petroleum company operating across international markets in the African continent with its headquarters based in Nairobi, Kenya. They offer a wide range of products including lubricants, bitumen, liquefied petroleum gas, vehicle and jet fuels, and car-care products. The emphasis of this work continues to be on KenolKobil’s Human resource department that was relied upon during the company’s downfall that led its senior management to reduce their wage bill by
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seniority based plan are basically obsolete for a company that is looking for the best possible candidates to take the company as a great place to work on that is looking to the future and takes into consideration the well been of their employees. In the 80’s a new strategy of pay plan emerged to reflect business trends including a leaner flatter organizational structures, customer focus, quality improvement, and team based work structures. Companies have struggled to develop merit pay programs
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reading this chapter, you should be able to do the following: 1. Understand the role of motivation in determining employee performance. 2. Classify the basic needs of employees. 3. Describe how fairness perceptions are determined and consequences of these perceptions. 4. Understand the importance of rewards and punishments. 5. Apply motivation theories to analyze performance problems. What inspires employees to provide excellent service, market a company’s products effectively, or achieve the
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Case Analysis Introduction Multinational companies (MNC) are organizations that have facilitates and other assets in one or more than one countries aside than its own country. Thus, there are competitive and challenges of companies operating in different countries and the relevancy for multinational companies. Multinational companies could strengthen their business and also enhance customer service through involving their diverse workforce. It means that multinational companies could make use
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You have recently been appointed as HR advisor for National Office Supplies, a provider of stationery and office furniture for businesses throughout the UK. Whilst based at their headquarters in Hertfordshire, part of your role is to visit the regional sales offices and to audit their HR processes and practices. The company has experienced sound levels of growth in recent years and has experienced growth in turnover of one-third in the last three years. Prior to your appointment, the HR manager worked
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Managing people and performance Intake: UC3F1511BM Date: 01/28/2016 Submitted by: Muhammad Hasnain Mehboob TP029765 Word count: 2145 Contents BACKGROUND OF THE COMPANY 4 Introduction 4 Their cause towards the society 4 Business fact and figures 5 PERFORMANCE MANAGEMENT SYSTEM 5 Importance
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systems motivate managers and influence their behaviour to align their goals with the goals of the organisation (goal congruence). This can be achieved by reward and incentive systems because managers will tend to focus on the activities that are rewarded. Research have shown that people will be more motivated by the potential of earning rewards than by the fear of punishment. A managers total compensation package consists of salaries, benefits and an incentive compensation. Incentive compensation
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CASE STUDY: REWARDING TEAM WORK IN THE PLAINS 1. Explain the organizational reward system this firm uses. Usually the tangible rewards that people receive from employment come in the form of salary, incentives and benefits. Also the tendency in the past was to have reward systems implemented for individual employees. However when the company with its diversification plans in mind went from traditional top-down approach to a better way, horizontal matrix system, the new concept of ‘team
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different ways to motivate employees. Employers can motivate their workers as individuals, groups, teams, or the organization as a whole. Motivation takes forms like offering rewards, improving working conditions, or employee recognition. In my view, motivation is a crucial management tool in raising the employees’ work performance. I used to work in a marketing company, which was number one for selling sports goods in North America. The reason for the increase in profits and success in the whole
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