Question

passage below require analysis amd breakdown

“For brands to survive, they have to be aware of everything consumers think and feel, and how that impacts success in their industry and category” (Leidig, 2019). It would be totally outrageous if someone decided over night that he or she wanted to make a hamburger business in a week, that would sell more and be more popular than say for instance a fast food chain with golden arches. I believe it would take years to analyze such a competition and their consumers to even come close to even qualifying to enter a competition with this type of chain. Oxford dictionary says that the word analyze means, to “examine methodically and in detail the constitution or structure of (something, especially information), typically for purposes of explanation and interpretation” (Oxford, 2020). One would have to analyze every detail about a company and then come up with something that would in turn make their product better than what they are analyzing.

According to the Governmental Health and Human Services Department, there are hiring incentives that an organization can adopt and in order to use them, the guidelines must also be followed to be accurate and according to government rules. Some examples of these incentives are:

Relocation Incentive – this would allow a hiring manager a pay of up to 25% of the annual rate, when relocating to a different geographical location.

Student Loan Repayment – “Through the student loan repayment program, agencies may repay federally insured student loans in return for service to the agency” (HHS.gov., 2010).

Job Sharing – This is if there are two in a family and need to work but both need to care for the family – they can share the hours two make one full time hour employee.

Telework – This allows for working remotely at home.

The above are just a few incentives that allow to draw employees into your organization. If your organization is interested in a specific candidate, and you think one of these would specifically appeal to the candidate, then it is best to offer it to them with intentions of the candidate accepting the position.

Answer 1

If one has to open a business, he/she has to first analyse the industry. This process can start with gaining a part time experience of working in that particular industry. With this experience one can than invest their own money or with a partnership open a business. Even the partners need to have information regarding the industry. This provides leverage understanding of the business over the long run, which shall ultimately put a company ahead of the curve in the competition race and help them earn more profits.

Hiring incentives are :

Relocation: Pay of upto 25% when moving to a different geographical region. This would allow the company to start from an advanced level in a New region as the hiring manager has the experience of the business.

Student loan repayment: Students would be happy that their loan is getting repaid and there would be no chances of defaulting.

Job sharing: Would increase the commitment of individuals and of the family as they can work two shifts in the meanwhile also taking care of the family or some side business.

Telework: Working from home would reduce the staff allocation expenses and overheads of the firm.