Introduction to Bottom-Line Human Resource Management Gary S. Fields Cornell University‚ gsf2@cornell.edu This paper is posted at DigitalCommons@ILR. http://digitalcommons.ilr.cornell.edu/cahrswp/48 CAHRS / Cornell University 187 Ives Hall Ithaca‚ NY 14853-3901 USA Tel. 607 255-9358 www.ilr.cornell.edu/CAHRS/ WORKING PAPER SERIES In There or Up Front? : An Introduction to Bottom-Line Human Resource Management Gary S. Fields Working Paper 02 - 07 In There or Up Front? CAHRS WP02-07
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Jimmy John’s Introduction The first Jimmy John’s was created in 1983 in Champaign‚ Illinois‚ by Jimmy John Liautaud. Liautaud founded Jimmy John’s on the idea of providing the gourmet sandwiches for a low price. The first Jimmy Johns was run out of a garage with used equipment‚ and without an ice machine for the drinks because there wasn’t any room. Liautaud grew interest in his sandwiches by giving out free samples to people around town‚ especially college students. As word spread about his
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Game theory – descriptive‚ normative or prescriptive? Going through life we often are surprised by the different ways how people think‚ make decisions and interact. We believe that most of us are rational human beans (to some extent) and‚ therefore‚ our decisions should be grounded in analysis of the situation‚ our experience and intuition. Therefore‚ the human mind can be seen as an incredibly complicated machine that runs series of theoretical simulations of possible situations (often subconsciously)
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accounting relates to positive economic theory. Normative Accounting Normative economic theory is subjective and aims to describe what the economic future should be for a company or investor. As a result‚ normative accounting practice is a form of value judgment that can introduce subjective morality into accounting. For example‚ if a company that increased dividend payments could use some of those funds to improve corporate sustainability measures‚ a normative accounting statement would indicate how much
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International Application with Porter’s Five Forces Model Casey M. Allen American Military University – BUSN601 Abstract Porter’s Five Forces Model was examined to provide insight into how certain forces can have a direct impact on an industries ability to make a profit and survive competition. Specifically‚ Porter’s model was determined to be especially important when applying its principles to international strategy and the operation of an overseas global business. The reason for this importance
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Porter ’s Five-force Model and it ’s continued validity as a strategic management tool Porter ’s Five-force model is a theoretical guide to understanding the pressures that are felt by an industry‚ and by analogy‚ on a company. It can be used in such a way as to allow “the strategic business manager seeking to develop an edge over rival firms … to better understand the industry context in which the firm operates” (Porter‚ 1999). The key to any successful (e.g. profitable) business venture is an
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The difference between medical‚ public health and human services model is that medical model sees the person that is coming for help‚ usually they are people who problems are disease or sickness. The patients that are sick or ill depend on physicians or service providers to provide them treatment or a cure for their disease or sickness. The public health model is the connection of medical and human services models‚ it worries about the diagnosis and treatment of people with the use of medicine and
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Porters Five Forces Model & the Airline Industry Robert Warren 6/11/2011 Abstract Having conducted research on Porter’s Five Forces Model and the current business climate of the airline industry‚ I will be analyzing the industry using the Five Forces Model. Porter’s Five Forces model is a highly recognized framework for the analysis of business strategy. Five forces are derived from the model that attempts to determine the competitive intensity‚ competitive environment and overall
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Iowa model and the Star model are the one of the process models‚ which describe the process of translation of theory or research-finding into practice (Nilsen‚ 2015). Both models are similar each other because they suggest the process of application of research-finding or evidence-based theory to clinical practice. However‚ while the Iowa model focuses on the organizational process‚ the Star model focuses on the knowledge transformation (Gawlinski & Rutledge‚ 2008). Between them‚ the Iowa model was
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Furthermore‚ the two models follow a similar timeline‚ yet in starkingly different ways. The NCC model splits into three steps of radicalization‚ mobilization‚ and action‚ essentially asserting that certain catalysts from personal and sociopolitical factors lead to preparation‚ and eventually action.1 It places all the factors into said three distinct nonlinear steps that work together dynamically in order to get to the final action. Overall‚ it seems to narrow in on physical‚ tangible items. Conversely
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