The correct answer to this open question is the following.
The management of Sports Shoes Corporation, a U.S. firm, wants to expand into foreign investment and employment markets. They are considering either opening their own production facility in a foreign country or entering into a licensing agreement with a foreign firm.
The advantage of considering opening their own production facility in a foreign country is that the firm will have total control of the business and the income and profit will go directly to Sports Shoes Corporation. The disadvantage would be that the company does not know the market if that foreign country, so it could face some obstacles and difficulties in the firsts years.
The other option is entering into a licensing agreement with a foreign firm, knowing that the firm knows the business because it has been established in that country for years so they know the country laws, fiscal regulations, the relationship with local workers, and most importantly, they know the market and their consumers. That would be the advantage.
The disadvantage would be that this learning curve in the new country has its cost, and the association with the firm means that Sports Shoes Corporation must split the revenue and corporate decisions.
Depending on how well they performed financially, employees of a media organization receive financial incentives at the conclusion of the fiscal year. This is a strategy for tying pay to performance metrics.
<h3>What connection exists between compensation and performance evaluations?</h3>
Performance reviews are helpful in evaluating employee compensation packages. Depending on how well an individual performs, their compensation package may include bonuses, increased hourly rates, additional benefits, and allowances.
<h3>Should pay be contingent on performance?</h3>
One of the best ways to encourage your workers to produce their best work and the behavior you want to see in them is to link performance to reward. Sales-based occupations in particular are frequently compensated using performance-based strategies.
<h3>What benefits do performance-based compensation programs offer?</h3>
When pay for performance is in place, poor performers may leave the company more frequently, but over time turnover dramatically decreases as pay rises and employee engagement rises. After the approach has been fully adopted, we usually notice a 50% decrease in turnover or more.
Learn more about performance-based compensation: brainly.com/question/14287686
#SPJ4
Answer:
Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :
a) Uncertain Waits Are Longer than Explained Waits - There is no clarification or sureness with respect to how a lot of time it will take for the espresso or your refreshment to be conveyed while you are in that line. This is questionable as the client's before you would request mass requests which may take additional time than only one espresso. In this way, these holds up are questionable.
b) Occupied Time Feels Shorter than Unoccupied Time - While you are remaining in that line, you have an inclination that your 5-10 minutes have been squandered which you could have better used busy working or at home. In this manner, the time was abandoned and hence feels a waste. While on the off chance that the time was involved by some different methods in the line, at that point it would have been justified, despite all the trouble to remain in the line.
c) Individual Waits Feel Longer than Group - Now very likely in a line, we will have people who are standing by solo for their request in the line. In this manner, the performance hold up will feel longer than holding up in an organization of companions or additionally little converses with outsiders or conveying here and there. In this manner, the issue of solo holding up is a distress and it remains.
<span>The researcher has used observational research - a type of research where behavioral patterns and routines are continuously observed and monitored to draw conclusions relevant to the research goal. This kind of research is normally done in scenarios involving people and social groups. It involves observing people in their natural setting.</span>
You hire someone to do it for you. It makes it super easy.