Question 1 Mr. Shyam Prakash has joined in a multinational company as a General Manager. The company recently entered into mergers and acquisitions with another reputed Japanese company. Half of his employees are thereby rendered obsolete due to advanced methodologies that the new company brings forth. This situation leaves Mr. Shyam Prakash in a dilemma and has to take a number of decisions to that effect. (a). Apply your knowledge, creative thinking and experience to assist Mr. Shyam Prakash to manage the difficult situation. (b). “Studies have demonstrated that, when individuals perceive that compensation and reward systems are equitable, they have greater levels of job satisfaction and are willing to commit to organisational objectives”. Discuss ‘Equity theory’ and its importance to get high level of satisfaction of employees.
Question 1
Mr. Shyam Prakash has joined in a multinational company as a General Manager. The company
recently entered into mergers and acquisitions with another reputed Japanese company. Half of his
employees are thereby rendered obsolete due to advanced methodologies that the new company
brings forth. This situation leaves Mr. Shyam Prakash in a dilemma and has to take a number of
decisions to that effect.
(a). Apply your knowledge, creative thinking and experience to assist Mr. Shyam Prakash to manage the difficult situation.
(b). “Studies have demonstrated that, when individuals perceive that compensation and reward
systems are equitable, they have greater levels of job satisfaction and are willing to commit to
organisational objectives”.
Discuss ‘Equity theory’ and its importance to get high level of satisfaction of employees.
NEED BOTH PARTS,,,,,,ATTEMPT IF YOU WILL SOLVE BOTH PARTS......THANKS
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