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Compensation differences - organizational and personal levels
You are the HR Manager for a retail store with 4 locations within one metropolitan area. The company's sales/marketing strategy has been to be the low cost leader (i.e. have lower prices than competitors), and therefore the compensation strategy has been to pay its store employees just above minimum wage, in the first quartile. Your boss has just told you that he is changing the strategy and now he wants to provide "optimum service", and not necessarily the lowest prices. What changes should be made in the company's compensation strategy as a result of this new direction? You expect your boss will be surprised at how much impact the new pay strategy will have on the payroll budget. What could you suggest to reduce the impact?
An employee in this organization, Jerome, found out from one of his team members makes a lot more money than he does. He's mentioned this to you and told you he's really "bummed" and doesn't think this is fair. What information can you give him, to help him understand how his salary is determined?
A company has actual unit demand for four consecutive years of 100, 105, 135, and 150. The respective forecasts were 120 for all four years. What is the MAD? What does the MAD tell you as a manager?
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How many cases should be ordered at a time? How often coffee will be ordered, i.e., what is the time between orders? What is the annual cost of ordering and carrying tea?
Many profit-making firms have a strategy map that is tied to four elements: financial results, customers, human resources, and sustainability
Mooradian Corporation’s free cash flow during the just-ended year (t = 0) was $150 million, and its FCF is expected to grow at a constant rate of 5.0% in the future. If the weighted average cost of capital is 12.5%, what is the firm’s total corporate..
Assuming you got a job as a Forecasting Manager with a brand new firm that has no historical data. In a high level meeting it was decided that you will develop a Weekly Exponential Smoothing Forecasting model that would go back at least
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When communicating a change, which role is more important: reporter of information or sense maker? Why
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Illustrate what impact might the ant kickback issue have on the working relationship between Stryker also the surgeons who use its orthopaedic hip implants.
Consider the following stateent: "The slack of a constraint multiplied by the shadow price associated with that constraint must equal zero." Is this true or false? Explain
Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for an organization that builds doors and windows for homes. Which organization structure of the five types is mo..
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