Were payroll costs outpacing profits? Was there a rise in product theft due to shoplifting or vandalism? While all of these are causes for concern, Company Q only states that they closed the stores due to decreased revenues. In seeking to prevent lost monies, Company Q apparently forgot that those who could be considered stakeholders weren’t just Company Q’s owners or board of
TMA 02 – Ready to Eat Part A There are a number reasons why people leave jobs and staff turnover can be high. The main points could be, that they no longer feel motivated, moral in the work place could be having a negative effect, the job they are doing is not what was advertised and my not be happy with the management style. This is just a few factors to take into consideration when people leave jobs resulting in high turnover. One example in the recruitment process that maybe used is, competency based interview questions where you are required to give a specific examples. By giving a specific example it shows you have understood the question and you are competent to do the role should you fall into similar situations.
Competency 310.2.1 Ethical Issues In Business EVALUATION From the information given, it seems that company Q has a negative attitude towards social responsibility. Company Q has begun to listen to the needs of its customers, and is attempting to address those needs by supplying the desired products. However, it seems that company Q is selective in which customer’s needs it will address. By closing two stores in high crime rate, or in other words, lower income areas, they have sent the message that they appeal only to a more affluent crowd. Also, company Q’s only concession to changing policies is to begin carrying high margin, or high cost, products at all of its stores.
The researcher shows how outsourcing impacts workers in a negative manner, goes against the moral and ethical standards inherent in business and proves that outsourcing will ultimately result in dissatisfaction for corporations in the long term. From an ethical view, outsourcing is wrong and has pessimistic results on both employees and corporations in the long run. Corporations that bolt to outsource job task realize little returns on investments and profit savings in the long term. The surge to outsource has left companies with little worth and no tangible assets in the production or delivery of products. Among the people most affected by outsourcing in recent years are white collar workers, whose resumes are now overwhelming the job market as enthusiastic job seekers attempts to find jobs that will pay them a fraction of what they were earning while working in corporate America (Shaw, 2004).
She’ll be upset you’re skipping. Won’t she mark it on your record? You don’t want to be kicked out like some street con” (Lu 35). Clearly displayed though this quote citizens who live in poor sectors are perceived to be thieves. These implications serve a purpose in that the people who are living in these circumstances have no way of escaping their economic conditions because of the dehumanized state the slums serve.
There also is a 78% abandonment of transactions due to bad customer service. (http://blogs.salesforce.com/company/2013/07/bad-customer-service.html) She also needs to look into the fact that most people talk about the bad customer service than the good. It has a major impact on a company when customers are not treated with the respect that they deserve. Reminding employees that if, it was not for customers they would not have jobs and in order to keep them they need to treat them with respect and if they cannot handle a call send it to someone else before it gets out of hand. Sarah being a customer service manger holds the responsibility of making sure her employees know what they are doing.
Not only were there large losses of money for both companies, but the loss of reputation as well. Penn Square Bank What were the ethical pressures on the firm concerning documentation, credit extension, and revenue recognition that lead to the final collapse? What should have been done to reduce or offset these pressures? The ethical pressures on the firm concerning documentation, credit extension, and revenue recognition leading to the final collapse of Penn Square bank is the bank could not fund the loans they were negotiating. According to generally accepted accounting principles, revenue and corresponding expenses should be recorded or matched in the same accounting period (The Houston Chronicle, n.d.).
Explain. In my opinion, from an equity theory standpoint, forced ranking performance appraisals would not work for most companies. In some instances, this could be viewed and considered by the employees a tool for companies that is used to eliminate under-producing employees. Such with major production companies whose bottom line is the perception, this approach to monitoring and cutting employees who do not meet certain production levels does not always motivate employees. Some employees will try to produce more for fear of losing their jobs, but this does not provide positive motivation which, in my opinion, is a better means of motivation.
Based on the facts provided I found the following: * Old furniture, cooking equipment and menu * Inexperienced management * sociological structure * Young age of the manager as a reason for the lack of respect from staff * Expectation to perform regular management duties in addition to their supervisory responsibilities * High turnover of staff * Lack of work ethic - abuse of privileges * Lack of communication between manager and employee * insufficient training for night managers This may be a serious problem for company. By a lack of respect towards the manager staff may not be effective at work. Company should find a good idea to control workers otherwise losses will be visible all the time. Bad communication is key serious in this case. Result of all this is a rising costs, decreasing sales and worse atmosphere at work.
Additionally, the volunteer staffs were not getting any benefit from the restaurant as they supposed to. The system could bring some possible negative consequences for the employer. For instance, the employees could sue the restaurant because they were violating the provincial employment standards legislation by not paying the workers minimum wage; so, the employer would suffer from the law suit. Also, the employees might form the protest or strike which would