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3) as far as goal congruence is concerned, managers should not be paid in accordance with the total net profit of the company, but only in accordance with the one obtained by them.
Another change that should be applied is allocating the non-traceable costs according not to the total revenues of a division, but to the traceable costs incurred by that particular division, since managers should try to minimize costs as much as possible. However, that would mean that the managers would disregard revenues in favor of costs. Therefore, a more relevant indicator of a manager's performance is the cost margin (excluding non-traceable costs). That is, calculating the total traceable costs divided by the total revenues of a division. This indicates how efficient a manager actually was, since the higher the cost margin is, the higher the chance of the manager to get sacked.
However, this brings forth another issue. If only traceable costs are considered, it means that some managers will get stuck with non-traceable costs that they have not benefited from. After all, the business environment in Paris or New York is certainly different than the one in Little Rock, Arkansas. Therefore, not only the traceable costs have to be considered, but some kind of difficulty factor should be attributed to each division, according to the toughness of the particular business environment. The products that Creative Consumer Consultants Ltd. offers are harder to find in Little Rock, but are certainly available in Paris. Therefore, the Paris manager might be twice as good as the one in Little Rock but has to face tougher competition. The company should probably leave the big-city market and concentrate on small town initiatives, which seem to be highly beneficial.
As a conclusion, I would say that the company has to concentrate on doing business in smaller communities,...
There are approximately 144,000 Kmart associates, including 2,400 associates at Kmart's headquarters in Troy, Michigan.
Pharmacy services are available in 1,152 Kmart stores. Food Service: 307 Kmart stores offer full Little Caesar's Pizza Stations and 863 locations offer Little Caesar's as a part of its menu for a total of 1,070 stores with a food service presence. (www.kmart.com) could find no data regarding the allocation of non-traceable costs between Kmart's divisions. However, I though of an example that might well fulfill the requirements of this exercise.
Let's assume that the total revenue Kmart obtains from North and South Carolina in a year reaches $1.00 billion. For the benefit of the exercise, we could assume that the following data is correct:
North Carolina
South Carolina
Revenue
Variable Costs
Contrib. Margin Division Specific FC
Division Margin
Common Costs
Net Income found that the Division Margin is the same for both the North and the South Carolina divisions, although, if common costs are allocated in accordance with the revenue obtained by the two entities, the South Carolina division is barely making it, while the North Carolina division, although having less activity, has a 20 million Net Income
The power of suppliers is weak to moderate, but the power of buyers is high. There are no switching costs and the products have only limited differentiation. The Hummer has more differentiation than most of its competitors, but this does not lessen the impact of their intense competitive environment. Compounding the issue are signs that the SUV market is beginning to enter into the decline stage of the product
We know from the text that Ophelia is innocent and there is no reason for Branagh to include this scene in his film. The two films depict the two leading female characters in a very different light. Both directors illuminated Hamlet in different ways. Once scene that is significantly different in both films is Hamlet's famous "to be or not to be" scene. In keeping with the dark, melancholy mood,
Evolution of Chemistry to the Periodic Table of the Elements One of the differences between scientists of the 17th and 18th centuries vs. scientists today is that the chemists of times past were often theologians. They studied chemistry and other forms of science because they were incredibly devout and sought to understand how the world worked; they desired to better understand the hand of the creator (Ihde, 1990). Notable 17th Century Chemists Jean
Internet Protocol Version 6 (IPv6) technology, one of the technologies listed on Gartner's 2004 Hype Cycle that has high visibility today because new IPv4 addresses are nearly exhausted. On the 2012 Hype Cycle, IPv6 is now listed in the "Trough of Disillusionment," yet the U.S. government is still directing that transition to this protocol continue: Name at least three advantages that government organizations will gain by transitioning to IPv6 technology
Market Structures Table Compare the four market structures by filling in the table. Perfect competition Monopoly Monopolistic competition Oligopoly Example organization Hair Shampoo Companies Saudi Arabian Oil Cereal companies Cell phone companies Goods or services produced by the organization Hair products Oil and gas Breakfast cereals and comparable products Cell phones Barriers to entry Chemistry knowledge Raw materials few Technology Number of organizations Many Few Few Few Price elasticity of demand Is there a presence of economic profits? yes yes Based on the details available to you in the strategic plan, marketing overview, market surveys, and other
Siegel's 1956 film version of The Invasion of the Body Snatchers uses a number of realistic techniques like undistorted camera angles, and shots of mundane activities and locations to establish the rationality and logic of the daytime world of small-town California. As the movie begins to shift into the nightmarish world of the alien invasion, the shots become increasingly distorted, dark and gloomy, showing the slip into the subconscious,