Well-designed reward system

Assignment Help Operation Management
Reference no: EM131159266

IDENTIFY THE MOST CORRECT ANSWER AND EXPLAIN WHY YOU SELECTED IT. A well-designed reward system: (1) should be free of elements that induce stress, anxiety, tension, pressure to perform, and job insecurity. (2) puts the primary emphasis on denying rewards to those who fail to perform tasks in the prescribed fashion. (3) emphasizes weeding out employees who are average performers. (4) strives for a 50-50 balance between positive and negative rewards and a 50-50 balance between monetary and nonmonetary rewards.

Reference no: EM131159266

Questions Cloud

Explain how the business marketing executives : Using this outline: explain how the business marketing executives who work on planning, implementation and control of the industrial marketing mix elements (4P's - product, pricing, distribution, sales and promotions) are playing an integral role in ..
What amount of safety stock is appropriate : Given this information: Demand during lead time is 400 pounds. Standard deviation of lead time demand is 32 pounds (distributed normally). Acceptable stock out risk during lead time 5%. What amount of safety stock is appropriate? When should the item..
Used for assessing company external environment : Managers must be able to diagnose both a company's external and internal environment to succeed in developing a successful strategy. Identify and discuss a concept or tool that can be used for assessing a company's external environment.
Changing the membership frequently to give team fresh ideas : A cross-functional project team is likely to be given the task of designing a new product and bringing it into production. Changing the membership frequently to give the team fresh ideas is likely to improve the effectiveness of a self-managed team. ..
Well-designed reward system : A well-designed reward system: (1) should be free of elements that induce stress, anxiety, tension, pressure to perform, and job insecurity. (2) puts the primary emphasis on denying rewards to those who fail to perform tasks in the prescribed fashion..
Give an example of recent regulatory reform : Give an example of a recent regulatory reform or change in federal or state laws that are intended to promote competition among financial intermediaries and how they are to do so. Within your discussion, provide an analysis of how market forces, such..
Business process re-engineering to operational excellence : Which of the following is the best example of business process re-engineering to attain operational excellence? Explain your selection. Acer Phones uses advanced statistical methods to remove the causes of defects at its manufacturing units.
Which medium would be the most efficient for its promotion : Establish your model organization/product/cause and discuss which medium would be the most efficient for its promotion, and why. Please provide deeper analysis why that would be the most efficent possibility.
Determined that reduction in force : The 250 employee clinic system where you serve as the human resources director has determined that a reduction in force (RIF) is necessary to sustain the financial viability of the entity. Your job is to design a reduction in force plan that will com..

Reviews

Write a Review

Operation Management Questions & Answers

  The rules of discovery were very restrictive

In the past, the rules of discovery were very restrictive, and trials often turned on elements of surprise. For example, a plaintiff would not necessarily know until the trial what the defendant’s defense was going to be. Work product is not a precis..

  Prepare a brief analysis of the vacation cruise industry

Prepare a brief analysis of the vacation cruise industry using Porters Five Force Analysis. Briefly discuss the nature and strength of each of the five competitive forces. Identify the factors that are driving change in the industry.

  Victims of identity theft and individuals who pay bills

AOL was the first major U.S. online business to offer small businesses, victims of identity theft, and individuals who pay bills and conduct other financial transactions through their AOL accounts _____. When they subscribe to this service, users wil..

  About various production processes-continuous flow

Discuss your thoughts about the various production processes (Job Shop, Continuous Flow, Assembly line, Batch process  ) discussed to date, their similarities and differences. Identify some specific examples of some of the processes we discuss in thi..

  Why is the balanced scorecard an important topic

Why is the Balanced Scorecard an important topic both in devising objectives and in evaluating strategies?

  Create a staffing plan based on the tanglewood case

Submit a well written (use writing tutorial if necessary), strongly supported staffing plan. All formats should be easy to follow, logical and comprehendible.

  How to integrate leadership into two management functions

What roles do leadership and innovation play within each of the four management functions? Provide an example of how to integrate leadership into at least two management functions.

  Among simple moving average and weighted moving average

Among simple moving average, weighted moving average, exponential smoothing, and linear regression, which forecasting technique would you consider the most accurate. Why

  Determine the shortest length of time the project

etermine the absolute shortest length of time in which the telemedicine project can be completed if none of the activities are crashed. Determine the shortest length of time the project can be finished if activities on the critical path are crashed..

  What is the quality level of the production process

A producer of high-strength wire cables that are used in lifting spreaders and containers in a shipyard requires that the strength of the cables be more than 20 ton/in2 . The cost of a defective cable (200 ft in length) is $900. What is the quality l..

  Do the actions change depending on the industry

Discuss actions you could take to bring more players into an existing strategic "game."

  What should a good leader do in regards to it policies

Explain the role of leadership in the policy development, implementation, and management process. What should a good leader do in regards to IT policies? What are some of the negative affects when leadership is absent?

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