Consequently, the employees were extremely dissatisfied with their job and as a result enterprises were prone to high employee turnover. If recruiters would paint a more realistic picture of the vacancy, the turnover rate can be partly minimized. On the one hand, if applicants are provided with a realistic job preview, some candidates will be discouraged and withdraw from the consideration. But these employment seekers would mostly have become dissatisfied if they would have joined the company. On the other hand, those applicants who know what to expect and still want to join the firm are generally more motivated and are likely to remain with the organisation.
Firms that are less known or could not indicate a long history of profitability may usually be underpriced due to unpredictable risk associated in valuation (Damodaran, 2009). Some argue that by deliberately underpricing the IPO, the issuing companies, attract publicity and gain better reputation (Fitza, 2010). Due to its internal and external unpredictabilities surrounding IPO underpricing, the topic remains an interesting subject among
The most cited one is project cost overrun—or worse, an outsourcing project that results in an increase in overall operations costs for the client. It is the most visible outsourcing risk because cost cutting remains one of the most common reasons for IT out sourcing. Other common signs of an outsourcing disaster include: clients’ poor service delivery, increasing customer complaints, and, in extreme circumstances, business shutdown (due to an information security breach or to the vendors’ system or organizational failure). Any of these is directly harmful to an outsourcing client’s short-term market performance as measured by sales, costs, strength of customer relationships, or market reputation. These short-term market performance risks signal the imminent failure of an outsourcing project.
Over production means manufacturing the products before it is actually required. Over production is high cost for the manufacturing plant because it disturbs the smooth flow of productivity. The concept is to schedule and produce only what can be immediately shipped and improve machine changeover capability (Mc Bride. D,2003). Waste of waiting occurs when goods are not being proceed smoothly.
Similar were the views of Professor Robbert Director SCRC. Supply chain management is not as easy as some people consider it. It is becoming more and more challenging due to the advancements in the industry. Complications include cyclic nature of supply chains and completion in the markets. Nada R Senders says that top management in the businesses is surrounded by typical mind set so they don’t let the supply chain managers to grow.
Their writings explain that in order to sustain the competitive advantage, it is crucial to develop resources that will strengthen the firm's ability to continue the superior performance. Any industry or market reflects high uncertainty and, in order to survive and stay ahead of competition, new resources become highly necessary. agrees, stating that the need to update resources is a major management task since all business environments reflect highly unpredictable market and environmental conditions. The existing winning edge needed to be developed since various market dynamics may make existing value-creating resources obsolete. The working capital target is an important part of an acquisition where millions of dollars are at stake, is poorly understand by many, and is typically left until later stages of the deal.
The ratio refers to the amount of total net income of a company relative to the dividends paid to shareholders. The dividend payout ratio for Nestlé Company as shown in Graph is quite stable. Nestlé Company is paying a constant percentage of net income in the form of dividend to their shareholders each year under constant dividend payout ratio policy. As the percentage of earnings paid out each year is fixed, it implies that the dividend payout ratio will become more stable. Since the dividend payout ratio in Nestlé Company is over 100 percent, it can be said that Nestlé Company pay more money to its shareholders rather than keep the earnings for other financing purpose.
It is important for the communication to be clear and explicit for every phase of the disciplinary action. The employee must be clear on where the management perceived his faults are and provide guidance on what he can do to rectify that behavior. Effective communication can help built positive working relations and resolved issues faster. It is also important to view the disciplinary action as
Although, the consumer is in a win-win situation and gets many options to choose from, organizations for their part have to be on their toes with all preparedness to counter any marketing or publicity campaigns by the rivals to score over the consumers. If a rival is able to come up with an innovative product or service, other organizations then need to play the catch-up game, and this factor affects businesses immensely. Last but not the least, geographical conditions and access to technology are immensely important factors which can affect the growth of a business. A business which finds it difficult to have access to people, capital, suppliers, and technology may struggle to keep up with its competitors. Similarly, inaccessibility to avant-garde technology will hamper productivity and the quality of the products and services.