Discuss in detail 4 types of reward systems

Assignment Help Business Management
Reference no: EM131043096

To: Consulting Team Expert

From: CEO

RE: ACI Case Study

We have been approached by a new startup company "Attitude Clothing, Inc.", (or ACI), which has an innovative new line of business clothing that reflects a person's mood. Their research and development department has teamed up with expert mood psychologists to create clothing of a certain color, material, and design which will reflect a person's attitude and mood. ACI also manufactures the "AT-ME", which is a specially designed attitude meter that determines a person's attitude, and suggest the appropriate clothing to be worn that day.

ACI's marketing campaign is "Wear your attitude on your sleeve". ACI is promoting this clothing as a way to increase better communication among workers because co-workers will know just by looking at someone how to approach them. ACI's business strategy is to provide high quality customer service along with this unique product. ACI recognizes that this high end product comes with a high price tag, and wants its employees to create a service-oriented atmosphere for which customer are willing to pay. Consequently, ACI's sales staff is essential to its success as the sales staff must be highly motivated to get the unique product off the ground.

I am bringing you in as an expert to create a system for ACI's sales staff that motivates them and creates a competitive advantage over other clothing lines to assure ACI's success. I will give you a good amount of latitude to create this system. Market competitive salaries have already been established, but ACI has decided to allocate 10 percent of the company's profits for you to use in the system you create to motivate the sales staff in any way you see fit.

Working individually, please discuss the following questions, and then draft a memo to me with your suggestions. Remember to idenitfy and apply the material from the text when answering the questions and use heading to correspond to the questions.

What behaviors would you advise ACI to look for in hiring ACI's sales staff?

What goals would you set for the sales staff, given your answer to number 1?

What types of reward systems would you advise ACI to set up to reward the behaviors and goals you have outline?

Discuss in detail 4 types of reward systems, and explain why you chose these.

Provide a title page with your name, course, and date. Your content should include 600 words, and use a double-spaced Times New Roman font. You should include headings, topic sentences, and the inclusion of the weekly learning.

Include at least two references in APA format.

Review the rubric for my specific expectations and completely answer all of the questions.

Reference no: EM131043096

Questions Cloud

Goals-approaches of health care operations management : To make the best use of the concepts and tools of operations analysis, a manager must understand what health care operations management actually encompasses. For this Discussion, you are asked to summarize the functions and goals of operations man..
Perimeter and area procedures : Implement a representation for rectangles in a plane. (Hint: You may want to make use of exercise 2.2.) In terms of your constructors and selectors, create procedures that compute the perimeter and the area of a given rectangle. Now implement a di..
Identity component as consumerism relates to gender roles : Explain the connection between consumer culture and the rise of the post-war family type. Be sure to examine the identity component as consumerism relates to gender roles of the time, and be sure to provide concrete examples to back up your claim..
Some of the stressors that these managers experience : Project teams are made up of individuals from various areas and developments in a company. The most important member of the project team is the project manager. He is often under greater pressure than the rest of the team members. What are some of th..
Discuss in detail 4 types of reward systems : What goals would you set for the sales staff, given your answer to number 1?
What type of employee voice mechanism should be implemented : For a nonunion business situation such as a hotel, what type of employee voice mechanism should be implemented? Why? Outline the structure of the employee mechanism (voluntary or mandatory, individual group or group, decision making authority or just..
Why did the attackers spear-phish a contractor to target : Why did the attackers spear-phish a contractor to Target? Explain how a third-party contractor could weaken an organization’s overall security. Describe how data was stolen from Target. How might a data loss at one organization affect other organizat..
Problem of representing line segments in a plane : Consider the problem of representing line segments in a plane. Each segment is represented as a pair of points: a starting point and an ending point. Define a constructor make-segment and selectors start-segment and end-segment that define the rep..
Should the use of antibiotic in livestock be regulated : Should the use of antibiotic in livestock be regulated

Reviews

Write a Review

Business Management Questions & Answers

  Staffing factors

What are some of the "staffing factors" that could be contributing to this problem and how would you determine if it is in fact a training problem.

  Identify individual preferences of mentoring vs. coaching

Identify the individual preferences of mentoring vs. coaching (with an emphasis on the communication styles involved), thereafter summarize briefly the similarities and differences involved so that an overview of the group is provided

  Explain why measurement for quality control is important

Explain why measurement for quality control is important and how does measurement impact the business?  For instance, how is measurement conducted and managed within the organization

  While most hrd professionals agree that hrd evaluations

While most HRD professionals agree that HRD evaluations is valuable in your opinion what are the most significant reasons why it isn't practiced more frequently by organizations

  What are the main business propositions for woodmere

What are the main business propositions for Woodmere and Home Help to consider in evaluating this proposal? Is time-based logistics the right strategy for each company?

  The firm social responsibility in addition to demonstratin

The _____ approach of going green is a good example of the firm's social responsibility in addition to demonstrating the highest degree of environmental sensitivity.

  Target of an inside job versus that of an outside job

With respect to fraud against companies, which do you think is more prevalent, inside or outside jobs?

  Financial institution role in financial matters for business

What role(s) do financial institutions play in financial matters for businesses?

  Strong work team in a health care organizationwhat are the

strong work team in a health care organizationwhat are the benefits of a strong work team?what are the common problems

  Identify any ethical concerns house & holmes encountered

Conclude your paper by providing suggestions for House & Holmes to help prevent future occurrences of these types of legal and ethical problems.

  Describe how the philosophy of milton friedman played a role

Describe how the philosophy of Milton Friedman played a role in management's decision and Identify one other ethical framework that influenced management during this event

  Strong sense of purpose and tenacity leads to

strong sense of purpose and tenacity leads to leadershipeffective leaders as opposed to non leaders have frequently

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