Critically consider to what extent this offers a mutual gains approach Essay

Critically consider to what extent this offers a mutual gains approach to people management - Essay Example The flexibility of approach and perspectives to change become high point that hugely helps to meet the challenges of time. The innovative measures and incentive driven tools that are linked to the performance are increasingly being used as vital elements of business strategy. Scholars assert that performance management is strategic tool or process that motivates workforce for optimal performance (Bloisi, 2007; Armstrong and Baron, 2005). Apart from incentives, commitment to work and loyalty towards employers is considerably increased when the employees are provided scope of enhancing their professional skills and competencies through in-house training and development. Financial and emotional security, job satisfaction etc are factors that promote trust building and induce high performance and retention of employees. Hence, HPWP not only benefits employees but also the employers as they are able to retain high performing human capital that significantly influences the revenues. Most importantly, they are able to maintain their competitive advantage through hard times as HPWP provides organization with fl exible approach and innovative performance related measures to meet contemporary challenges for optimal performance. (words:

Measuring Marketing Performance Assignment Example | Topics and Well Written Essays - 2250 words

Measuring Marketing Performance - Assignment Example There is not a single measure that is best for measuring marketing performance but three very famous measures of marketing performance are return on investment, comparison of marketing cost with result, and brand knowledge.Marketing Return on Sale:Marketing return on sale is an important measure of marketing performance and determines that how efficient the firm is. It provides the deeper understanding of impact that organization has on its profits due to marketing strategies. It is a percent of net sale attributable to the net marketing contribution. The higher marketing return on sale of current year as compare to prior year describe the positive performance of marketing (Ambler, Kokkinaki, &Puntoni, 2004).Compare the Cost of Marketing Activities with Results:Marketers use the revenues - that are the result of marketing program - as a measure of marketing performance. For example marketing programs like direct mailing and advertising develop contacts and some contacts has higher va lue as compare to others that depends on the number of responses. Marketing department compare the cost spent on each contact with the value of the result. If the marketing program results in increasing numbers of orders and generates greater revenue on per order then the marketing performance will be considered good (Srinivasan &Hanssens, 2009).Marketing department is liable to make people understand that why the brand exists in market, how it is different from others, and what values it can deliver.

Reflections on Federal Welfare Policy - Week 3 - Journal Coursework

Reflections on Federal Welfare Policy - Week 3 - Journal - Coursework Example The federal government further governs the unemployment insurance, a program that provides unemployed individuals with a source of income for about 26 weeks. I believe the policies are effective in eradicating poverty thereby creating a desirable society for every American. Labor relations remain contentious issues with the country lacking a holistic federal policy to govern the compensation of workers. The unpredictable labor relations are likely to affect my social welfare when should I migrate from one state to another. Despite such, I believe that the governments are doing their best in providing the populace with a better living condition. Such policies as the No child left behind act and the Obama care have for example succeeded in reducing the costs of education and health care, two of the most important yet equally costly social requirements. This way, the public enjoys lower costs of living (Meier & Wood, 2004). Furthermore, the social security act safeguards the future of Americans after retirement thereby ensuring that every citizen enjoys a comfortable life. This week’s readings have exposed me to a number of policies thus reinforcing my belief that the government is doing enough to safeguard the social security of the

Chinese Foreign Currency Reserves Swell by Record Amount Article

Chinese Foreign Currency Reserves Swell by Record Amount - Article Example This article tries to raise public alarm over the swelling foreign exchange reserve levels of China and how this contributes to the country’s â€Å"worsening inflation problem† (Bradsher, 2011). This has to do with its effect on the renminbi’s exchange rate vis a vis the US dollar.   A high level of reserves causes the renminbi to appreciate against the dollar.   The problem is this will make China’s substantial exports more expensive; thus, losing its competitive advantage.  Ã‚   This then could lead to the loss of jobs by millions of people working in the export industry.   This led to China’s central bank’s decision to keep the value of its currency low.   To do this, it prints renminbi at a â€Å"furious pace in order to buy the dollars and euros† that come in through trade surpluses and foreign investment (Bradsher, 2011).   However, this spawns another problem.   The additional renminbi issued causes the money suppl y in the country to rise even further.   What was not discussed in the article is the direct impact of the level of money supply on inflation.   A high level of money supply circulating in the economy causes aggregate demand to rise.   This increased demand for goods and services is what pushes general prices to go up. Looking at China’s foreign reserve levels, in the third quarter of 2010, it increased by $194 million.   In the fourth quarter, it jumped by $199 million to raise the total to $2.85 trillion.   This increase was much larger than what economists had expected.   During this time, China â€Å"doubled its intervention in the currency markets to about $2 billion a day† (Bradsher, 2011).   And so, the country’s money supply was 19.7 percent higher in December than a year earlier. The increase in money supply though is not solely due to the central bank’s efforts to keep the value of the renminbi in check.   Banking loans have also risen and measures taken by the central bank to slow down lending, primarily by increasing bank reserve requirements have proven to be ineffective.

Corporate Performace Coursework Example | Topics and Well Written Essays - 7500 words

Corporate Performace - Coursework Example McDonald's Corporation was also analyzed under the lens of SWOT Analysis, BCG Matrix and Porter's Competitive Forces. These techniques help us assess the various policies and strategies that the business is following. Furthermore, they are also a snap-shot of business as a whole and tell us at a glance, whether the business is doing well or not In the end, the current performance of McDonald's Corporation is compared with its past performance and its future prospects are discussed in great detail. The future prospects are based on the strategies that McDonald's Corporation is planning to implement. The report ends with some suggestions that McDonald's Corporation could adopt to help them further improve their condition and could help them reach new heights. McDonald is perhaps the most successful corporation of the world. There's no magic formula to it, but the company believes that its success has come due to their insistence on their values and because of their belief in truthfulness and honesty. "At McDonald's, success has always involved a not-so-profound formula involving one-part inspiration and four-parts perspiration. Our founder, Ray Kroc, coined the phrase "grinding it out" to characterize the determination and attention to detail that is required to be successful in our industry. "Grinding it out" was his way of saying the restaurant business is, and always will be, a labor intensive operation. It was hard work and determination that built McDonald's - and today, those same qualities drive our success." (McDonald's Corporation Annual Report, 2008). The above statement clearly indicates that hardwork and determination is the most followed principle in this corporation. They also believe in their past values and think their success has come about due to the value given to the organization by their founding father Ray Kroc. McDonald's Corporation gives a lot of importance to their customer choice. It has recently added new product in line with what customers want. These additions have become instant hit, which is not only good for the business, but has also given increased weight to the McDonald's menu and increased the choice as they now offer variety of products. "Whether you prefer beef or chicken, salads or sandwiches, breakfast or desserts, there's something for every appetite and occasion at McDonald's. In every country, our menus balance classic favorites with new tastes and local flavors. We're also a beverage destination with offerings such as sweet tea, juices and McCaf coffees." (McDonald's Corporation Annual Report, 2007). According to Richard L. Daft, in order assess the success of an organization, you do not look at only the financial figures of the company, but you also

Crime Research Paper Example | Topics and Well Written Essays - 250 words

Crime - Research Paper Example It is vital to maintain the devices used to commit the crime as evidence when reporting electronic crimes. How can one protect him or herself or their family against e-crime? By educating themselves on basic online safety through recommended websites (Ghosh & Turinni 291). Individuals can also educate their families about online safety. Individuals can also set up basic protection against malware such spyware and anti-viruses. Are e-crimes punishable by jail time? If found guilty of a cyber-crime by the court, one is probable to get punished through jail time. Sentences for cyber-crimes are getting tougher by the day and cyber-crime attorneys are increasingly finding it challenging to defend their parties. Most cyber-crimes sentences get served in months, however depending on the degree of the crime, the accused may receive years in jail time. What methods get used to detect e-crime? There is no single, clear cut method of detecting cyber-crimes. E-crimes get detected by chance. There are informal methods such as regular audit of the systems, looking for mistakes, and the use of government agencies such as the police or IRS to detect the crime. What is computer forensics? Computer forensics refers to a form of forensic science that involves legal analysis of evidence located in electronic devices or computers (Ghosh & Turinni 232). Computer forensics helps to discover the actual cause of a computer system malfunction. It may also get used by professionals to determine situations where individuals may have unlawfully used a computer or network with the intention of hacking or harming a computer

Vocabulary and semantics Essay Example | Topics and Well Written Essays - 750 words

Vocabulary and semantics - Essay Example Hence the phrase, flea market Today, the term is used to describe rent spaces for traders dealing in used goods that are of low quality and at low prices. Morphology Morphology is the study of word structure. Morphology is the process of identifying, analyzing and describing the structures of a language’s morphemes and other linguistic units, such as root words, parts of speech and intonation or stress. The term â€Å"flea market† is made up of two words; flea and market, which are the morphemes to this phrase. A morpheme is the smallest single unit in the grammar of a language and its study is called morphology. A morpheme may not be a word as a morpheme has to stand on its own. There are free and bound morphemes. A free morpheme is a single unit that stands on its own and has meaning, whereas a bound morpheme appear as only parts of words, always supported by the root or by another bound morpheme. The term â€Å"flea market† is made up of two free morphemes as the word â€Å"flea† can stand on its own and still have meaning and also the word â€Å"market† has meaning on its own. ... The phrase â€Å"flea market† can also be thought to be a place inhabited by dirty traders. A collocation is a sequence of words or terms that co-occur more often than would be expected by chance (Durkin, 2009). A collocation can be said to be two or more words that often go together, and may sound correct to a native speaker but be unnatural and sound wrong. The term â€Å"flea market† sounds correct to a native speaker but may be very disturbing to a person, who is just learning the language, as that a person can loosely interpret it to be a place where fleas are sold. Semantic relationships Semantics is the study of meanings; the phrase â€Å"flea market† can be taken literally to mean a place where fleas are sold, or we can take the meaning where it denotes a place where second-hand items are sold. There are different semantic relationship types, and they include; Synonyms Synonyms are words that mean exactly the same. According to the Macmillan dictionary, t he term â€Å"flea† is synonymous to aphid, beetle and black widow, as all are types of insects (Hurford, 1996). The term â€Å"market† is synonymous to shop, as both are places where goods are traded. The phrase â€Å"flea market† is synonymous to yard sale. Antonyms Antonyms are words pairs whose meanings are opposite and lie in a continuous spectrum. The term â€Å"flea† has no antonym as there are so many things and animals that are opposites of insects. The term â€Å"market† is also broad as it involved buying and selling which are opposites of each other. As a modern place of trade dealing in mostly new items, a mall can be used as an antonym to a flea market. Pragmatic usage Pragmatics is a minor field of linguistics and studies ways how context contributes to the