human resources departments have had to adapt and change to make sure they can continue to bridge the gap between the workforce and employers. Instead of simply treated as an administrative position‚ the HR managerial role is being reformatted as a strategic tool for business (Payne‚ 2010). “During the 1980s‚ personnel departments were responsible for handing out applications‚ providing employees with insurance enrollment forms and processing payroll. The role of the personnel department was mainly administrative”
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CONCEPTUAL/THEORETICAL PAPER Strategic marketing and marketing strategy: domain‚ definition‚ fundamental issues and foundational premises Rajan Varadarajan Received: 20 April 2009 / Accepted: 24 September 2009 / Published online: 28 October 2009 # Academy of Marketing Science 2009 Abstract This paper proposes a domain statement for strategic marketing as a field of study and delineates certain issues fundamental to the field. It also proposes a definition for marketing strategy‚ the focal organizational
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Case: Erik Peterson Do you think Erik Peterson was an effective leader? Why or why not? I do think Erik Peterson was an effective leader. Erik Peterson was definitely represented good leadership from every aspect of his work. Though at the very beginning‚ there were a great many problems exsiting in the GMCT and had negative effective on operating‚ Erik Peterson was trying his best to solve these problems and to some extend‚ gain some outcomes which revealed Erik Peterson was an effective leader
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MKT 2375 Chapter 2 Problem 1 a. CD Contribution Profit Selling Price to CD Distributor Less: Variable Cost $9.00 $1.25 $0.35 $1.00 $2.60 CD Package and disk Songwriter’s royalties Recording artists’ royalties Total Variable Cost Contribution per CD unit $6.40 Chapter 2 Problem 1 b. Break-Even Analysis – Units and Dollars Total Fixed Cost Advertising and Promotion $275‚000 Studio Recording’s Overhead $250‚000 Total Fixed Cost $525‚000 BEVU = $525‚000 / $6.40 = 82‚031
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Issues and Problems Case Analysis 1. Case Summary 2. Actors and Protagonists 3. Issues and Problems 4. What should Peterson’s goals be for the meeting with Knight? 5. What can Peterson do to prepare for the meeting? 6. What are the most critical organizational issues for Peterson to deal with? Classify them into urgent and long term action items? 7. What went wrong during management’s visit‚ and what could Peterson have done differently? 8. What lessons does Erik Peterson’s story
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CASE 11 – SUMMARY The Crestwood Inn is owned by a group of independent investors‚ and is one of the oldest properties in the area. It has a total of 116 rooms with basic amenities‚ and does not have a restaurant or pool. There have been periodic renovations at the Inn over the years‚ and the cost of the rooms is at an average of $100‚ which is on the low end of the market price‚ and an occupancy rate of 70% because of its location‚ at a convenient distance to the local horse racing venues. Unlike
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NOTES Lecture 3: The ORGANISATION AS CONTEXT FOR CHANGE: More Recent theories of Organisation (Notes in lieu of reading Burnes chapter3 - Adapted from: Burnes‚ B. (2009) Managing Change‚ Fifth edition‚ Pearson Education Limited) The focus of this chapter is on what Burnes describes as proto-paradigms that have come to dominate Western managerial thinking and writing since the 1980s‚ namely: The Culture-Excellence approach‚ the Japanese Management approach‚ and the Organisational
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COMPANY NAME: MONDE NISSIN CORPORATION COMPANY ADDRESS: BUSINESS TYPE: MANUFACTURER MAIN PRODUCTS: BISCUITS AND INSTANT NOODLES COMPANY PROFILE Monde Nissin Corporation (MNC) has been incorporated in 1979 and has continuously provided Filipino consumers high quality products and has been a consistent top biscuit player in the market. For more than two decades‚ MNC has steadily and aggressively risen to be the Philippine’s leading food manufacturer and is carving its niche as one of the
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Laci Peterson‚ a 27-year-old wife who was eight months pregnant‚ disappeared on December 24‚ 2002. When the body of the California woman and her unborn child were found four months later‚ her husband‚ Scott‚ was charged with two counts of murder. Detective Craig Grogan gave a sworn statement that he had probable cause to believe Mr. Peterson committed two counts of the crime of 187 Penal Code‚ homicide‚ on or about December 23 or 24 of 2002‚ in the county of Stanislaus. April 17‚ 2003 the Judge of
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Strategic Problems Improving Microsoft’s standing as an innovator Over the past few years‚ Microsoft has been suffering from their reputation as a follower since Apple and Google have taken the lead in the world of smartphones and tablets. Microsoft’s Xbox business keeps them ahead in the gaming industry (34% market share) which will keep them relevant and afloat in the 13-30 age demographic‚ but the company overall could use an upgrade in its reputation as a cutting-edge innovator. One key will
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