Whether and why the Reward Plan should be team based or individual based. II. The criteria by which performance will be judged and how this will be communicated and disseminated to supervisors for onward transmission to the general staff. List at least three criteria. III. The administration of the reward system, i.e. whether short or long term and whether the pay-outs should match the production cycles which are linked to the delivery schedules.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
100%

Philibert Enterprises Inc is a manufacturing and distribution company that is engaged in
supplying exotic Caribbean Food products of high quality for the European and North
American markets. The Product Quality and consistency of supplies of the product are two
critical success factors. Philibert Enterprises Inc. has been using its website as its principal
point of contact for its customers It recently won a major contract to supply the Marks&
Spencer chain in the UK, where persons of Caribbean origin are a significant group in the
population. This is in addition to the growing popularity of Caribbean Cuisine
internationally. High productivity levels are necessary to meet the product quality and
delivery time requirements. The Marketing Manager is expected to work closely with the
Human Resource Manager to develop a reward system that will enable greater reliability
with respect to response time and assure quality and compliance with HACCAP1
requirements.
Outline the factors that Philibert Enterprises Inc must consider in the design of such a reward
system to ensure its success, i.e., to ensure that the programme is beneficial to both the
employees and the supplier company, your proposal should indicate:
I. Whether and why the Reward Plan should be team based or individual based.
II. The criteria by which performance will be judged and how this will be
communicated and disseminated to supervisors for onward transmission to the
general staff. List at least three criteria.
III. The administration of the reward system, i.e. whether short or long term and
whether the pay-outs should match the production cycles which are linked to the
delivery schedules. 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON