True, you can use a formula in Excel spreadsheet!
Question Completion with Options:
*Re-evaluate the existing commission plan to determine whether you can eliminate the perception of unfairness. Re-evaluate the base salaries by comparing them to other upscale clothing stores.
*Put all salespeople on the same commission plan regardless of tenure. This will clearly establish a strong relationship between performance and reward for all sales personnel. Increase the base salaries of longer-tenured salespeople who have worked for Swazzi more than two years to reinforce the relationship between their experience/loyalty and their rewards.
*Travel to the stores and explain the system in detail to the sales teams. Tell them you will try to clear up any perceived unfairness once you see whether they are serious about selling
Answer:
*Put all salespeople on the same commission plan regardless of tenure. This will clearly establish a strong relationship between performance and reward for all sales personnel. Increase the base salaries of longer-tenured salespeople who have worked for Swazzi more than two years to reinforce the relationship between their experience/loyalty and their rewards.
Explanation:
Longer-term sales personnel should be rewarded differently from newer personnel. But, this differential reward should not be based on the sales commission. The base salary will be more ideal for this tenure reward. This will be in line with the Expectancy Theory which states that employees base their individual levels of effort on what is necessary to perform well and earn rewards within the workplace. The theory also requires that the reward structure is clear with well-defined goals and routine evaluations. The Expectancy Theory helps workers to put in their best because they are looking forward to some well-defined and clear rewards.
The promise to pay a specified amount of interest each year plus the principal in five years. - Bonds.
What is interest?
The monetary fee for the privelidge of borrowing money is known as interest. Interest expense or revenue is frequently expressed in monetary terms, whereas the interest rate used it to calculate interest is usually expressed in annual percentage rate(APR). The amount of money received by a lender or financial institution in exchange for lending money is referred to as interest. The amount of ownership a share holder has in a company, usually expressed as a percentage, is also referred to as interest. Interest is indeed the concept of compensating one celebration for taking a risk and foregoing the ability to use funds, while penalising another party for using someone else's funds. The person who is temporarily parting with their money is owed compensation, and the person who is temporarily using those funds is frequently required to pay the above compensation.
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Research has found that projects identified by top management more often have a strategic, organizational focus.
<h3>What are the main reasons project managers need to understand an organization's mission and strategy?</h3>
- To effectively support a project
- To enable wise decision-making
<h3>Which type of company finds project transfers to be the most challenging?</h3>
The entire organization values project management. The organization responsible for managing the execution of the company's strategy includes a strategic project office, office of strategy management, strategic steering committee, etc.
<h3>
How can organizational strategy and project management work together?</h3>
However, a successful initiative must demonstrate both strategic importance and tactical proficiency. When the Balanced Scorecard is incorporated into the selection criteria, project portfolio management can connect organizational strategy with project management.
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Answer:
The answer is: Information resources
Explanation:
Information resources are the data and information assets used by an organization, department or unit.
Rodney probably is responsible for Information Resource Management (IRM). IRM involves identifying data as an asset, categorizing it and providing various types of active management.
