is compensation‚ (The Increasing Call for Work-Life Balance‚ 2009). Not only must wages be set high enough to motivate and attract good talent‚ they must also be equitable—that is‚ the wage must accurately reflect the value of the labor performed. Fair and equitable compensation is a crucial factor in the success of an organization. It is important because it is a tool that is used to recruit‚ maintain‚ and motivate their employees to contribute to the organization’s success. As discussed‚ equity
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Customer Service at Datatronics Datatronics is an organization that serves their customers with Enterprise Resource Planning integrated solutions. Their growth is mainly attributed to acquisitions of smaller competitors. E-Z RP was such a company that despite its inferior size compared to Datatronics was able to succeed and outperform Datatronics on grounds of customer service and customer satisfaction. Datatronics recognized the fact and acquired E-Z RP with the aim to improve in that respective
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Was the Galleon Trade beneficial to the Economy of the Philippines? Well some of not all of them are beneficial to our country. The good effect or benefits that we get from the galleon trade is they were able to prolonged the colony of Spain It was the main source of income for both the government and the church leadership It maintained the natural resources of the country It opened the doors to the westerner countries for the conceptualization and adaptation of the modern technologies It manifested
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Customer Complaints: A Gift in Disguise Werner‚ John. ASQ Six Sigma Forum Magazine12.3 (May 2013): 28-30. Abstract (summary) Improving the complaint management process is important for any organization‚ and the rewards for establishing an effective process are substantial and well worth the effort. When customers experience a problem with a product or service‚ some will complain to the front-line personnel. Most organizations do not have a complaint tab or button on their home page or on their
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The Customer Relationship in Supply Chain Management written by: Ian Johnson•edited by: Jean Scheid•updated: 9/2/2010 Why are some companies better at managing their customer relationships than others? It’s because they have a well-run supply chain that ensures the most common parts are available and they never promise something they can’t deliver? Learn here about customer relationship in supply chain management. The Customer Relationship in Supply Chain Management When it comes to managing
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marketers to ‘delight’ their customers? Introduction The world we live in today has become highly competitive in terms of delivering value to the customers and is primarily due to the increasing competition in every business sector. Just because we as consumers have a wide variety to choose from‚ the companies have to strive more and more to expand and retain their customer base thus delighting their customer is highly imperative for any organization. What is Customer Delight? In our everyday
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When thinking about why I want to be the next County Fair Queen‚ many memories of the fair came back to me. I have wonderful memories of meeting up with friends at the fair‚ attending the carnival‚ going to the dance and making new friends. The fair is a great time for all‚ bringing the community together to enjoy all the different components that are offered. I am excited about the opportunity to represent the county and would enjoy traveling to other communities‚ meeting new people and
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FAIR VALUE MEASUREMENT 1. The meaning of fair value Fair value is the price that would be received from the sell of an asset or will be paid to transfer a liability in an orderly transaction between the market participants and the measurement date [IFRS‚ 13 – A501]. However in accounting and economics‚ fair value is the rational and unbiased estimate of a possible market price of a good‚ service or an asset. Fair value takes into account many objectives and subjective factors such as: Objective
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Customer perception is defined as the way that customers usually view or feel about certain services and products. It can also be related to customer satisfaction which is the expectation of the customer towards the products. In general psychological terms‚ perception is our ability to make some kind of sense of reality from the external sensory stimuli to which we are exposed. Several factors can influence our perception‚ causing it to change in certain ways. Consumer perception theory is any
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The New World‚ Trade and Slavery go a long way in determining the history of the world‚ because one act led to the other. The Europeans brought about the new world for trade purposes‚ and slaves were used to make sure that the trade never stops existing‚ and the Americas brought about the resources needed. The new world is a term used specifically in western hemisphere‚ which originated in the 16th century‚ when Europeans made their conquest in what would later be known as the Americas. The Europeans
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