As mentioned in earlier, U.S. businesses will face a decrease in the available workforce due in part to a smaller generation of talented workers replacing retiring baby boomers. “Our study reveals that recruiters and hiring managers are not only cognizant of the issue but are concerned about its current and future impact on organizational growth,” said Dr. Jesse Harriott, former vice president of research at monster.com (http://www.monster.com), one of the leading global online career and recruitment resources. “Businesses of all sizes and across all industries must develop and implement creative programs and strategies to attract and hire top candidates while retaining and motivating current employees. As the talent pool shrinks, it is imperative that immediate action is taken to ensure businesses are properly prepared and staffed for the future.”

In a sampling of over 600 human resource managers, Monster’s survey showed that over 75 percent believe compensation is one of the top three motivators that prevent employees from leaving their job. The fact that money motivates top-performing employees is supported by almost half the human resources professionals surveyed for a Rewards Program and Incentive Compensation Survey released by the Society of Human Resource Management. The survey also found that neither monetary nor nonmonetary rewards were effective motivators for underperformers.

While compensation is clearly a significant issue, not all companies can offer this advantage. Other strategies that motivate employee loyalty and commitment are necessary. Some of these include making supervisors more accountable for worker retention, promoting work-life balance for employees, fostering a workplace where employee expectations are clearly articulated, creating learning and development programs that groom employees for future management roles, implementing performance-based systems that identify and proactively manage top employees and when possible promote from within, creating mentoring programs that match new employees with seasoned veterans, monitoring sentiment throughout the employee life cycle, and creating an employment brand “experience” that not only motivates and energizes employees but can also be used to attract new talent.

Diana Pohly, president, CEO, and owner of The Pohly Company, keeps vigilant watch over the morale of the office, ensuring that employees are satisfied. “Business owners of growing companies must possess strong leadership and management skills in order to solidify the foundation of their business,” said Pohly. “Effective team leadership is imperative to sustain efficient team workflows and contribute to employee morale.”

“Employees are the lifeblood of any organization. Building a positive work environment is an important strategy in attracting, retaining and motivating a team,” says Michelle Swanda, corporate marketing manager of The Principal. Improving employee morale with creative and effective management tactics ultimately boosts employee productivity, and that goes straight to the bottom line.

Critical Thinking Questions

1. How are social and economic factors influencing companies’ approach to hiring, motivating, and retaining employees?
2. What are some of the nonmonetary strategies companies must develop to attract and reward employees and keep them motivated?
3. What “reward factors” would be important to you when working for a company? List at least five in order of importance, and list your reasons for each.

The business idea is Spirulina.

Spirulina is a micro-algae and as such has been growing naturally in our environment for millions of years, it is a tough plant able to withstand harsh growing conditions, in fact the micro-algae cell never really dies it goes dormant when weather conditions are not favourable, and as soon as these change and the environment is once again suitable for growth, spirulina begins growing and reproducing again. Naturally growing spirulina can be found in high alkaline lakes and in general it is said that where flamingos are, spirulina is sure to be found.

Question:

Planned major goals that must be achieved for your business to succeed. Next, describe a long-term vision for this business. Identify any future products/services, as well as plans for expansion.

The pipeline industry has approximately 100 companies, as compared to the motor carrier industry with more than 50,000. What are the underlying economic causes for this difference, given the fact that they both carry approximately the same volume of intercity ton-miles?

Topic is Spirulina.

Spirulina is a micro-algae and as such has been growing naturally in our environment for millions of years, it is a tough plant able to withstand harsh growing conditions, in fact the micro-algae cell never really dies it goes dormant when weather conditions are not favourable, and as soon as these change and the environment is once again suitable for growth, spirulina begins growing and reproducing again. Naturally growing spirulina can be found in high alkaline lakes and in general it is said that where flamingos are, spirulina is sure to be found.

Question:

Describes your audience and how you will reach them. Share who you plan to sell your product/service to, being as specific as possible. While virtually anyone could purchase your product/service, is that realistic given how you will sell/market your idea? Who is your ideal customer? Give a good description of this individual. You should include a minimum of one source that shows why this audience is ideal.

Describe the best ways to communicate with your target market. This part should clarify the best medium/channel combinations to reach your audience as described in the previous paragraph and how they will be used. You need a minimum of one source to back up why you are using the channel(s) chosen.

In the context of an event management, please explain what the 5W+H model is and indicate 5 reasons why it should be used.

.The integrated ownership of pipelines was initially used by some oil companies to gain control of oil-producing area. How did they use their transportation network to gain market control? What other reasons can be offered for integrated ownership? Are these reasons valid in today’s business environment?

CTC is an on-line retailer of prescription drugs and health supplements. Vitamin-C represents a significant percentage of its sales. Demand for Vitamin-C is 12000 bottles per year. CTC incurs a fixed order placement, transportation, and receiving cost of $150 each time an order for Vitamin-C is placed with the manufacturer. CTC incurs a holding cost of 25 percent. The price charged by the manufacturer is $4/bottle. Each time CTC places an order, the manufacturer has to process, pack, and ship the order. The manufacturer has a line packing bottles at a steady rate and does not keep any inventory. The fixed cost of filling each order is $350 for manufacturer.

1. Under the non-collaborative environment, the above supply chain uses CTC’s EOQ policy. Please evaluate CTC’s annual ordering and holding costs and Manufacturer’s annual ordering cost and holding cost under the CTC’s EOQ policy. What is the total annual ordering and holding cost for this supply chain under this non-collaborative policy?

For this activity, you will write a persuasive three paragraph communication intended to convince a particular audience about a topic. Below is information on the topic. Beneath this information are directions on how to complete the assignment.

Now that you have background information on the topic, you are to:

1) Compose a three paragraph communication that convinces a particular audience to adopt flex time. Here are the audiences you can choose from:

a. A large, successful insurance company
b. A branch bank
c. A small catering service
d. A government agency

2) After you conclude the three paragraph communication, include a paragraph in which you characterize how you constructed the paragraph and why you did so in that way given the audience you selected.

A. What are key success factors in this industry of motorcycles?

B. What are the key risk patterns in the industry of motorcycles?

C. What are the key value chain elements in the industry of motorcycles?

D.What is life cycle of the industry of motorcycles?

1. you have four choices below. In which choice would true impossibility NOT apply?

a. A record company contracted with Eartha to produce a CD of traditional gospel choir songs; unfortunately, Ertha died before recording began.

b. Finnly contracted with a local juice company to supply 10,000 pounds of Valencia oranges, but a tornado tore through her orange grove, completely destroying it.

c. None of these are correct.

d. Reed agrees to purchase an expensive piece of jewelry for $25,000; a week later, he tells the jeweler that he simply does not have that kind of money.

2. In his Oceanside, California basement, Bruno makes Budda Blast, a synthetic form of marijuana.

He signs a contract with Soooper Smoooke Shooop, a California corporation, to deliver 1,000 cans of Budda Blast for $10,000.

Subsequently, but before the delivery date, the California legislature passes and implements a law that makes the sale of Budda Blast illegal.

Bruno's contract will be discharged because of __________.

a. None of the above

b. commercial impracticability

c true impossibility

d. frustration of purpose

• Briefly describe how you will evaluate Bank of America performance
• How is Bank of America doing financially? How do you know?
• Which financial statement do you think provides the best information for investors?

1. Workers in the manufacturing floor are being replaced by robots and other machines. On one hand, this lets companies compete with cheap labor from other countries. On the other hand, automation eliminates many jobs. Are you concerned that automation may increase unemployment or underemployment in the United States and around the world?

2. If a company provides employer-paid child care services to workers with children, should those who don't have children or don't need child care be compensated any other way?

3. What advantages do compensation plans such as profit sharing and employee stock ownership offer an organization? What are the benefits and challenges of flextime, tele-commuting, and job sharing?

Let’s say that Major League Baseball has decided to put an expansion franchise in Portland, Oregon. Considering what you now know about branding, what would be a good nickname for that team? Why would that be a good nickname? Explain your choice using branding principles.

Write a post for the Discussion Question on Louis Vuitton, addressing the questions below. Unless otherwise specified, each part should be 1–2 paragraphs or several bullet points in length.

Part 1: Competitive Advantages

List the competitive advantages of the product, service or organization you’re focusing on: the things that make it different from competitors in positive ways.

Part 2: Market Niche and Positioning Strategy

Describe the market niche you want to fill, along with the positioning strategy you recommend using. Why do you think this is the right approach?

Part 3: Positioning Statement

Develop a positioning statement using this formula: “To [target audience], [product/service/organization name] is the only [category or frame of reference] that [points of differentiation/benefits delivered] because [reasons to believe].^[1]