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Q. Show the Advantages of reward systems?
¸ Motivation can be heightened e.g. performance enhanced if paid by results.
¸ can inspire creativity e.g. bonuses paid for staff suggestions schemes.
¸ A clear measurability for staff productivity, efficiency or targets.
¸ Can achieve greater financial flexibility for the organisation by changing the composite of staff fixed and variable cost e.g. if production staff are paid per unit of product, this will help achieve better cash-flow for the organisation during off peak periods. A higher composite of staff variable cost can be achieved by sales commission and production piecework schemes.
¸ can help cut down on absenteeism e.g. minimum legal payment for sickness, absenteeism or punctuality linked bonuses.
¸ Can help cut down on labour turnover e.g. payment of accountancy fees reimbursed to employer if members of staff leave within a certain contractual period.
Q. illustrate about Return on capital employed? Return on capital employed (ROCE) = (Profit before interest and tax (PBIT) / Capital employed) x 100% RO
TicketID: EM201729KAT59SM where is my assignment,. I would like to track process.
Strategy used to gain as much sales volume as possible as fast as possible by undercutting competitors' prices.
Division X has a target return on investment (ROI) of 12%. It has fixed costs of £400,000 and a variable cost per unit of £5. The net assets of the division forecast for the next
Product and experience analysis: The product under research is Hotel Arpanaa, a holistic hotel located at Tiruvanamalai, India. It is a holitel that offers holistic experience
The title of the research question is: 1. To investigate and research on a business organization of your interests. 2. To identify the scope of their business strategy, within th
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Q. What do you mean by Trade payable days? Trade payable days (turnover) {Yearend trade payables / Credit purchases (or cost of sales)} x 365 days This is the length
what are the issues in a global environment
Would you recommend changing to the optimal order interval?
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