Assume you are opening new business

Assignment Help Operation Management
Reference no: EM131372058

Assume you are opening a new business. Explain the factors you would take into account in deciding the type of compensation system you would use to pay employees (i.e. salary, commission, piece rates).

Reference no: EM131372058

Questions Cloud

Employer actions in collective bargaining relationship : Explain how the Hicks-Marshall rules can help explain union bargaining power and union and employer actions in a collective bargaining relationship. Just repeating the rules is not sufficient. I expect an explanation of how they can be applied.
International operations affect its human resources policies : Do you agree or disagree that some international employment assignments require special compensation? Please explain. How does recruiting for international assignments differ from that of domestic assignments? How does the scope of a firm's internati..
How would the linear programming representation change : Each coffee table produced by Timothy Kent Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Kent’s firm is small and its resources limited. During any given production period (of 1 week), 10 gallons of varnish and 12 lengths..
Four elements of the service-opportunity matrix : List and describe the four elements of the Service-Opportunity Matrix. Describe your own specific example (that has not already been discussed) of each. Discuss the three categories of risks that marketers should be aware of and manage.
Assume you are opening new business : Assume you are opening a new business. Explain the factors you would take into account in deciding the type of compensation system you would use to pay employees (i.e. salary, commission, piece rates).
National labor relations act : The Landrum-Griffin Act of 1959 amended the National Labor Relations Act of 1935 to allow state to pass “right-to-work” laws which ban unions in their state. Is this statement true, false, of uncertain? Give a careful and complete explanation of your..
Explain the use of a letter of credit : Explain the use of a Letter of Credit. Why do firms use counter trade? How does capital budgeting for international projects differ from that of domestic projects?
Statements about dual price of constraint : Given the optimal solution: X* = 3 and Y* = 7 for the following Linear Programming problem with 4 constraints: Which one of the following statements about dual price of constraint 3 is correct?
Central to the basic strategy paradigm : Central to the basic strategy paradigm is that, a firm must pick a viable position on the efficiency frontier; configure its internal operations to support that position; and _________________________.

Reviews

Write a Review

Operation Management Questions & Answers

  Identify and prioritize the various stakeholders

Review the mission statement of your selected organization. Prior to creating a strategy map, identify your stakeholders. Complete a stakeholder analysis to identify and prioritize the various stakeholders. Refer to the "Stakeholder Analysis" reso..

  Understanding of patient protection and affordable care act

Based upon your understanding of the Patient Protection and Affordable Care Act, do you feel that this new law is a positive change for healthcare in our nation or not?

  What is the tqm approach to ei

What is the TQM approach to EI and how does it differ from other approaches? Discuss Deming's influence on this approach.

  Why should an awareness of bioinformatics

Why should an awareness of bioinformatics be expected of clinical informatics professionals? Should a chapter on bioinformatics appear in a clinical informatics textbook? Explain your answers

  What is the expected profit of this policy

What is the expected profit of this policy and How many RR and BB cones should be stocked at the beginning of the day to maximize Susan's expected profit?

  Relationship of strategic objectives information to pmo

Explain the relationship of strategic objectives information to PMO outpuits. Explain how executives might be operating today without this information.

  Illustrated concept regarding organizational theory

Comment on how the scenes from The Great Escape illustrated a concept regarding organizational theory discussed in the readings. Some possibilities (you only have to choose one) include the bureaucratic model, systems theory, human relations models, ..

  Minimizing possible resistance to change management plan

Southwest Airlines, diagnose the organization’s level of resistance and construct a solid communication plan. Diagnose the reasons for resistance to change. Interpret the potential causes of resistance in the organization. Identify and describe three..

  Outsourcing is not wise corporate strategy

Is Outsourcing a Wise Corporate Strategy? Discussion Question: Provide arguments as noted in your textbook material and any material you may have researched that (YES) outsourcing IS a wise corporate strategy and/or (NO) outsourcing IS NOT a wise cor..

  Which interval between oil changes would you select

Which interval between oil changes would you select for a fleet of five automobiles? Base this recommendation on the economics as presented.

  Radio frequency inventory-linear trend equation

National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 17 Mar. 18 Apr. 11 May. 22 Jun. 19 Jul. 21 Aug. 22 b. Forecast September sales volume using each of the fol..

  Explain the difference between management and leadership

Explain the difference between management and leadership. How can this effect the organization.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd