Shambaugh (2012, p.157-160) identified Eurozone natural structure as the first of such factors. Structurally, the Eurozone has one currency, but lack a reputable and efficient fiscal union. The absence of fiscal union implies that certain policies like, taxation policies and public pension rules differ from one country to another. The existence of one currency without a complementary fiscal union limits the European leaders’ ability to respond to the crisis. Another factor responsible for the spread and severity of Eurozone crisis is the significant amount of sovereign debt owned by the European Banks.
It allows local business and IT staff to be innovative (Viaene & De Hertogh, 2010, p. 324). Furthermore, FedEx employees recognized for being confident and decisive it set them apart in promoting FedEx objectives (Mohamed et, al. 2016). Using Lucas, 2014 perspective, in any workplace, employees work exceptionally well and are productive when their performance is recognized and occasionally rewarded (p. 59). Weakness As a result of packages delayed or damaged it means compensation, but FedEx has built a strong market position in the event of any bad reputation, employees trained to preserve the
What it means is that the company has numerous retail markets across the region. Many people will value Reguero-Almandeel-Purohit as a legitimate company hence proceeds to facilitate business with the enterprise. Another strength that the company has is to exhibit good qualities like being an example to the organizations (Granovetter, 2010). The procedure originates from responsible shareholders and managers and cultured employees in that the workplace will have a peaceful environment. The result would be to promote the efficiency of work done.
The logistics department in H&M relies on the effective information sharing with come with the latest information. Thus, the information system also provides H&M with customers’ preferences and customers’ needs. When there is presence of delegation of authority, H&M had more advantage compare to its competitors. This is because that the employees are allowed to act freely where store managers run businesses of managing the stores like his owns the business. This helps to maintain the loyalty and also the responsibility of employees.
Nike’s overall objective is to help build a fair and empowered labor force. To work toward this objective, Nike has been pioneering an array of approaches to create a positive supply chain. For example, Nike is working with contract factories to apply lean manufacturing processes. This approach is extremely important in delivering the highest quality product and helps eliminating all kinds of wastes such as time wastage and lost materials. A clear example of Nike’s deliberate approach to lean manufacturing is giving worker empowerment.
Core values: The bank’s global presence was a positive aspect in promoting diversity at workplace. There have been several cross cultural teams which contributed to the new ideas and the deployment of such ideas reduced cost and improved efficiency in the bank. From a people aspect and exploring the cultural dimensions, Barclays’ core values were claimed to be Respect, Integrity, Service, Excellence and Stewardship. The employee retention policy not to lose the brighter talent at Barclays was well recognized as part of the UK employee work-balance program conducted across all service organisations in UK. The customer focus was inherent in the e ways of working.
A good employee should be have every knowledge about the store so they can give the fastest and correct information to their customers. Share information with the customers like explain how the product work, what ingredients used to make the foods and understand what they need is a employee job. Company and employee should be thank their customers for doing business with them , reward them for being loyalty like giving some discount , some voucher to let customers continue support the company. Of course , stay connected with customers also the ways that don’t lose customers easily , inform
They maintain revolving debt but are confident of handling it. This segment is also most likely to use co-branded credit cards. 3. Financially stressed : This segment is usually incapable of sticking to a budget plan and have problem controlling their expenditure and hence carry a high level of
Such changes have expansive impacts on manufacturing and distribution. With the quick change in tastes and inclination of individuals, marketing needs to keep up with the same. Marketing as an instrument of estimation, gives scope for understanding this new type of request and that way the production should be made to available the goods and products accordingly. (7) Marketing Is Helpful In Development Of An Economy: Adam Smith has remarked that “nothing happens in our country until somebody sells something”. Marketing is the kingpin that sets the economy revolving.
Here the Bank has to deploy billions of Taka each year but how and on what mode of investment ? The Bank can not take anything by providing fund to the exporter except collection fee for collection of the Bill, which is very poor. 2. Unfamiliarity with the Islamic Banking System The first problem, is that despite the growth of Islamic banks over the last 30 years, many people in the Muslim and non-Muslim world do not understand what Islamic banking actually is. The basic principle is clear, that it is contrary to Islamic law to make money out of money and that wealth should accumulate from trade and ownership of real assets.