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Comment on the cations taken by Mr. Santos
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- Mention some of the actions which were taken by Mr. Santos.After spending several weeks on the job, Suhana was surprised to discover that her father had not formally evaluated anyemployee's performance for all the years that he had owned the business. Her father, Sanjeev's position was that he had"a hundred higher-priority things to attend to," such as boosting sales and lowering costs, and, in any case, manyemployees didn't stick around long enough to be appraisable anyway. Furthermore, contended Sanjeev, manual workers such as those doing the pressing and the cleaning did periodically getpositive feedback in terms of praise from Sanjeev for a job well done, or criticism, also from Sanjeev, if things did not lookright during one of his swings through the stores. Similarly, Sanjeev was never shy about telling his managers about storeproblems so that they, too, got some feedback on where they stood.This informal feedback notwithstanding, Suhana believes that a more formal appraisal approach is required. She believesthat there are criteria such…Katy is a general manager for Marriott hotels in Philadelphia. She would best be classified as a first-line manager, is this statement true or false? Explain Mangement
- As a new member of the board of directors for a local manufacturing company, MohsinKhan was being introduced to all the employees in the home office. When he was introducedto Hassan Khan, he was curious about his work and asked him what the machine he wasusing. Hassan replied that he really did not know what the machine was called or what it did.He explained that he had only been working there for 2 months. However, he did knowprecisely how to operate the machine. According to his supervisor, he was an excellentemployee. At one of the site offices located in another city, the supervisor in charge spoke toMohsin confidentially, telling him that something was wrong, but he didn’t know what. Forone thing, he explained, employee turnover was too high, and no sooner had one employeebeen put on the job than another one resigned. With customers to see and place orders, hecontinued, he had little time to work with the new employees as they came and went. All site supervisors hired their own…1. A local restaurant decides to revamp its menu, introducing a number of new items. After a couple weeks, its sales skyrocket and the restaurant is more successful than ever. The new menu items must have caused this increase in business, right? A. Dicto Simpliciter B. Contradictory Premises C. Hasty Generalization D. Post Hoc 2. "I don’t care what you believe, as long as your beliefs don’t harm others." A. Contradictory Premises B. Poisoning the Well C. Dicto Simpliciter D. Hypothesis Contrary to FactBill Lewis, manager of the Thomas Electronics Division, called a meeting with his controller, Brindon Peterson, and his marketing manager, Patty Fritz. The following is a transcript of the conversation that took place during the meeting: Bill: Brindon, the variable costing system that you developed has proved to be a big plus for our division. Our success in winning bids has increased, and as a result our revenues have increased by 25%. However, if we intend to meet this year’s profit targets, we are going to need something extra—am I right, Patty? Patty: Absolutely. While we have been able to win more bids, we still are losing too many, particularly to our major competitor, Kilborn Electronics. If we knew more about their bidding strategy, we could be more successful at competing with them. Brindon: Would knowing their variable costs help? Patty: Certainly. It would give me their minimum price. With that knowledge, I’m sure that we could find a way to beat them on several jobs,…
- 123) How does awarding managers stock options help align the goals of managers and stockholders? a) If top management has stock options that become valuable at a particular price (higher than the prevailing markets price), management will b incentivized to improve company performance so the option can be exercised at the higher price b) Stock options guide managers in allocating funds for training c) If top management has stock options that become valuable at a particular price, they will be incentivized to buy and sell stocks d) This will help the managers and stockholders learn to work with each other as the managers will look to stockholders for advice on stock handlingPlease explain the information on the picture about special reportMr. Moosa was a owner/Manager of Muscat Pharmacy, a small, single-location drugstore. The store was founded by Moosa’s father and it had operated in the same location for 30 years. All of the employees who worked in the store were family members. All were hard workers, and Moosa had the utmost trust in all of them.Although the store thrived in its early years, performance in the last few years had not been good. Sales and Profits were declining, and the problem was getting worse. The performance problems seemed to have begun approximately at the time when a large drugstore chain opened a branch two blocks away.a) What are the issues affect the management control system in Muscat Pharmacy?b) What are the problems they face? Write your own imagination.c) What are the remedies need the employees?2. You are working in the department manager at manufacturing industry. What is your responsibility to tight control? In what respects are used in loosely controlled?
- Individual Problems 15-5 Every year, management and labor renegotiate a new employment contract by sending their proposals to an arbitrator, who chooses the best proposal (effectively giving one side or the other $5 million). Each side can choose to hire, or not hire, an expensive labor lawyer (at a cost of $300,000) who is effective at preparing the proposal in the best light. If neither hires a lawyer or if both hire lawyers, each side can expect to win about half the time. If only one side hires a lawyer, it can expect to win three fourth, or 0.75, of the time.with the name of the company please coz i couldnt find any :)describe the main purpose of using the quantitative approach during a Resersch .