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Policy & Strategy
In today's business environment, it has become important to implement strategies to not only ensure the highest possible profit margins for the company, but also to ensure employee satisfaction. Indeed, that latter works concomitantly with the former to promote the company's success. When employees are satisfied within their working environment, there is a lower worker turnover. This reduces the costs in terms of human resources and revenue in training new employees. Employee empowerment also plays and important role in the success of a company; it is an element that goes hand-in-hand with employee satisfaction. Empowerment helps to make employees feel in control of the work environment and of the terms according to which they will perform well.
In the JetBlue company, employees are empowered to optimize their loyalty to the company by honoring its core values: "safety, caring fun, integrity, and passion" (p. 2). To reinforce this culture, the company also has an in-house leadership program that focuses on employee empowerment and satisfaction, with principles such as "Treat Your People Right" and "Inspire Greatness in Others" (p. 7). To bring this program into action, JetBlue has implemented an interesting employee structure. JetBlue has a home-based reservation system, where agents are allowed to work from their home via a remote connection with the central base. These employees are also committed to the company because of the particularly pleasant circumstances of their work. This type of empowerment allows for employee loyalty to the company, as well as keeping labor costs lower. Labor costs are also kept lower by lower than average salaries for the industry. Nonetheless, because of the corporate culture, many more applications are received by JetBlue than other airlines (p. 10). The company makes up for this by high job security, overtime pay, and a high probability for promotion. In this way, the company gains loyalty from both employees and customers.
Companies such as XYZ Widget Corporation are well situated to take advantage of burgeoning markets in developing nations, particularly in Asia and Africa. 2. XYZ can grow its business by expanding its operations to certain developing nations in ways that profit the company as well as the impoverished regions that are involved, particularly when marketing efforts are coordinated with nongovernmental organizations operating in the region. 3. Several constraints and challenges must
business2community.com/social-media/2012s-ten-worst-social-media-Disaster-0370309 Using contemporary illustrative examples from academic literature and reputable business publications, discuss the concept of "Social Business" and the resultant opportunity and challenges that are currently being faced by the retail industry globally. Concept of Social Business Concept of Social Business with Retailers Social Media and Retailing Best Practices in Administering Social Media There is a growing body of research that confirms that companies of all sizes and types can realize a wide array
To take one example, in its sphere of industrial and automotive products, FACOM is described as thus: "In 1918, in the heart of Paris, a young engineer named Louis Moses founded a company called Franco Americaine de Construction d'Outillage Mecanique, or FACOM for short. It manufactured a single product: the 101 adjustable wrench, which built the French Railways. Today, FACOM has more than 130 trucks of demonstration which visit
According to Paul B. Mckimmy (2003), "The first consideration of wireless technology is bandwidth. 802.11b (one of four existing wireless Ethernet standards) is currently the most available and affordable specification. It allows a maximum of 11 megabits per second (Mbps)" (p. 111); the author adds that wired Ethernet LANs are typically 10 or 100 Mbps. In 1997, when the IEEE 802.11 standard was first ratified, wireless LANs were incompatible and
Wireless Broadband Technology Overview of Wireless technology Presently it is quite evident to come across functioning of a sort of wireless technology in the form of mobile phone, a Palm pilot, a smart phone etc. With the inception of fast connectivity in the sphere of commerce it is customary and useful to operate from central locations communicating with the remote branches, conducting conferences in remote places, discussing with every body at every
Direct to Consumer Advertising HISTORY OF DRUG ADVERTISING THE DTC ADVERTISING PHENOMENON CREATING DEMAND DECEPTIVE ADVERTISING - A WOLF IN SHEEP'S CLOTHING CAUSE OF DEATH PROFIT UTILIZATION, PRICING, AND DEMOGRAPHICS LEGISLATION, POLITICS AND PATENTS LEGISLATIVE INITIATIVES REGARDING DTC RECALLED and/or DEADLY DRUGS In order to provide the most efficient method of evaluation, the study will utilize existing stores of qualitative and quantitative data from reliable sources, such as U.S. Government statistical references, University studies, and the studies and publications of non-profit