Different business units within the same firm will face significantly different competitive environments, have distinct business plans, and so require distinct pay strategies." Do you believe Bangladeshi local corporates practice this method for retain their talent employees

Different business units within the same firm will face significantly different competitive environments, have distinct business plans, and so require distinct pay strategies." Do you believe Bangladeshi local corporates practice this method for retain their talent employees

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 7Q: Many outsourced jobs have resulted in offshoring jobs, rather than using domestic outsourcing. If a...

See similar textbooks

Related questions

Q: The CEO and his top managers have asked themselves two important questions: a. do customers value…

A: Strategy - Strategy is the plans or actions that are made by the High-level management which is also…

Q: Wharton Associates is a recently formed law partnership. Denise Peyton, the managing partner of…

A: There are several types of costs that are used by the firm (Bradley Associates) like indirect cost…

Q: he operations vice president of Security Home Bank has been interested in investigating the…

A: The following calculations are done in the records of the Westfield Branch of Security Home Bank…

Q: Workplace diversity exists when companies O a. Hire varied employees O b. Compete in the market O c.…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Southwest Airlines' activities to achieve lower cost have been well documented in academics and…

A: The answer for the multiple choice question and relevant explanation are presented hereunder :

Q: 17. Companies are involved in exporting their product to different parts of the world then setting…

A: Exporting products is the easiest and most straight forward way to engage with the global market.…

Q: Requirement 1. For each decision, state whether the company is following a cost leadership or a…

A: Under cost leadership, a company tries to obtain and increase market share by decreasing its cost,…

Q: Which of the following types of organizations can most benefit from value chain analysis?…

A: Value chain analysis is analysis tool that analysis the business activities in order to find the…

Q: Many companies have a staff of full-time managerial accountants. Other companies prefer to…

A: Outsourcing of AccountingFunction means assigning accounting functions to a third party who records,…

Q: Company KIM has limited resources to invest and is currently evaluating its investment opportunities…

A: Given The Cashflows are $60000 per year Term is 5 years

Q: What is the importance of studying gender diversity for companies?

A: A company is a group of persons that operates the business with the view of earning profit. The…

Q: Which statements are TRUE? 1. Minimum wage laws check the problem of purchasing power of income…

A: Ethics can be explained as moral philosophy that helps an individual or organization in determining…

Q: Company KIM has limited resources to invest and is currently evaluating its investment opportunities…

A: A company undertakes investment in a project by considering the costs and benefits of the available…

Q: Which of the following is a good choice for a manager interested in fostering the cooperation of two…

A: At times the managers of companies may have to seek cooperation between different departments of the…

Q: You are a supply chain manager at a UK firm. In 2010, a volcano broke out in Iceland, disrupting air…

A: The decision needs to be made about the supply chain where the existing supply chain has been…

Q: Wharton Associates is a recently formed law partnership. Denise Peyton, the managing partner of…

A: Job order costing: Job order costing is one of the methods of costing to find out the cost of an…

Q: d in part on the results shown in these reports. Recently, the company was the victim of a computer…

A: All the variables are inter related and dependent on each other Service revenue is the total of…

Q: Decentralized businesses can have three responsibility centers that must be evaluated differently…

A: Decentralization is the division of an entire company into smaller units. These units achieve some…

Q: Making managerial pay contingent on measures of managerial and/or firm performance motivates them to…

A: Performance Base Pay: When compensation is based on the fact that the employee has achieved the…

Q: Jennifer Baskiter is president and CEO of Plants&More.com, an Internet company that sells plants and…

A: Various issues or concerns consider by Jennifer Baskiter is as under - ROI is the primary…

Q: Outsourcing is being practiced by O overseas firms hiring in the U.S. labor market and by U.S. firms…

A: Outsourcing is the process of hiring an external agency for production of goods or rendering of…

Q: Shifting factories abroad to reduce employee costs negatively affects which of the following…

A: Stakeholders are those persons which makes decisions on the basis of information and statements…

Q: ganization (Toyota Motors) for justifying "Companies with labor incentive manufacturing processes…

A: Labour intensive refers to a production process where labour costs are the largest components. It…

Q: Wide CEO-worker pay-gap ratios would create an unequal workplace leading to all these effects,…

A: Wide CEO -worker pay gap ratios would create an unequal workplace leading to various negative…

Q: Which of the following is an example for "Neglect" strategy under EVLN Model of Job Satisfaction?…

A: Ans. d - Paying less attention to quality, and increasing absenteeism and lateness.

Q: Explain why, for large corporations, we should expect a low pay-performance relationship

A: In accounting pay performance relationship refers to the relationship between pay level of employees…

Q: Besides the “Shop,” how else does Barcelona try to maximize employee fit? What other suggestions do…

A: Company can improve new hires’ fit with the job and organization by using following strategies: a.…

Q: Which of the following statements about CSR efforts and initiatives is true? a. CSR efforts must…

A: Corporate social responsibility (CSR) is a term that is used for referring to the policies used by…

Q: Nizwa Bakery wants to create more product diversity and decided to review its authority delegation.…

A: The answer for the multiple choice question and relevant explanation are presented hereunder :

Q: What are the ethical issues that Dunlap's management team mat have created by adopting a short run…

A: Albert John Dunlap was an American Corporate executive who was famous many theories which are useful…

Q: aifi halwa is running a successful business in Nizwa. They are supplying halwa to different…

A: Non productive work is the work done within the organization which does not provide production but…

Q: Ryan currently has a salaried position in his company, but is offered a promotion that will be…

A: Salaried position is where the employee earns a fix amount of salary every month whereas commission…

Q: Assuming that all other factors remain unchanged, determine how a firm’s breakeven point is affected…

A: The impact of a decrease in price on breakeven point due to foreign competition The breakeven point…

Q: Why would a company want to provide job applicants with a balanced, honest, and realistic portrayal…

A: SOLUTION- A Job Applicant is a person interested in applying for a new job and completing the…

Q: Imagine that the company’s leaders ask for advice on how to build a diverse and inclusive workforce…

A: Diversity management is primarily initiated by organizations aimed to promote the inclusion of…

Q: in discussing "output-based compensation schemes." such as piece-rate systems, Stanford economist…

A: AN output-based compensation scheme is a scheme of paying the employees based on their performance…

Q: TAC Industries sells heavy equipment to large corporations and to federal, state, and local…

Q: The vision of Unilever Ghana Limited is to gain a competitive superiority over its competitors in…

A: Cognitive intelligence in the accounting sector Artificial or cognitive intelligence (AI) has…

Q: Imagine that the company’s leaders ask you for advice on how to build a diverse and inclusive…

A: Introduction: Diversity management is primarily initiated by organizations aimed to promote the…

Q: Do unions make it difficult for companies to attain a competitive advantage? I think that it is a…

A: Competitive advantage is the favorable factor for the organization over the competitors prevailing…

Q: One of the advantages of hiring younger workers is that they: a) seldom seek job flexibility. b)…

A: The practice of finding, evaluating and establishing a working relationship with future employees,…

Q: In addition to the "Shop," what other initiatives does Barcelona have in place to enhance employee…

A: The Answer :

Q: Based on this case study, what issues with China-based suppliers require Numi’s managers to use…

A: Numi is a triple bottom line company which means it takes care of its people, the environment, and…

Q: In analyzing whether to build another regional branch, the salary of the Chief Operating Officer…

A: Solution: In analyzing whether to build another regional branch, the salary of the chief operating…

Question

Please answer the following question as much as detailed possible.

"Different business units within the same firm will face significantly different competitive environments, have distinct business plans, and so require distinct pay strategies."

Do you believe Bangladeshi local corporates practice this
method for retain their talent employees.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Why is the agency problem more pronounced for multinational corporations? Check all that apply: MNCs are often larger than purely domestic companies. There are no international laws to prevent agency problems. Monitoring managers in foreign countries is more difficult. Managers raised in different cultures may have different goals and values.
Suppose that all employers in a perfectly competitive industry do not have a preference for discriminating against African Americans but that all the employees at one firm do. Describe what will happen to the profit-maximizing output level of this firm in the long run if the employees’ racial preferences influence the firm’s hiring decisions
Undertaking FDI, by definition, means not investing in the MNE’s home country. What are the ethical dilemmas here? What are your recommendations as (1) MNE executives, (2) labor union leaders of your domestic (home-country) labor forces, (3) host-country officials, and (4) home-country officials?
Do unions make it difficult for companies to attain a competitive advantage? I think that it is a double-edged sword when it comes to unions and companies attaining a competitive advantage. Unions are necessary to give a voice to the workers while safeguarding them from changes in their wages, pay, and quality of life. Unions can cause organizations to struggle to create a competitive advantage in the economic market by producing the least expensive consumer goods possible. This can limit the job advancement or benefits companies can afford to offer employees since they are providing for the unified force. Unions also provide better productivity and a better-trained workforce.
ON ETHICS: Undertaking FDI, by definition, means not investing in the MNE's home country (see the Closing Case). What are the ethical dilemmas here? What are your recommendations as (1) MNE executives, (2) labor union leaders of your domestic (home-country) labor forces, (3) host-country officials, and (4) home-country officials?
Many outsourced jobs have resulted in offshoring jobs, rather than using domestic outsourcing. If a U.S. company wants to offshore a service like customer service, for example, what are some of their considerations? In your answer, address offshoring disadvantages as compared with domestic outsourcing.
businesses exist and operate in many different environments. This has always been the case, but many consumers don't realize the different environments or how businesses must adapt to operate in each. what are some of these environments? Can you give some examples as to how they might influence operations? In your opinion, which has the most influence?
Based on this case study, what issues with China-based suppliers require Numi’s managers touse influence and persuasion tactics? (b) How does Numi get suppliers to comply with its policies? Please refer to the case study attached below
Management accounting guidelines. For each of the following items, identify which of the management accounting guidelines applies: cost–benefit approach, behavioral and technical considerations, or different costs for different purposes. Analyzing whether to keep the billing function within an organization or outsource it. Deciding to give bonuses for superior performance to the employees in a Japanese subsidiary and extra vacation time to the employees in a Swedish subsidiary. Including costs of all the value-chain functions before deciding to launch a new product, but including only its manufacturing costs in determining its inventory valuation. Considering the desirability of hiring an additional salesperson. Giving each salesperson the compensation option of choosing either a low salary and a high-percentage sales commission or a high salary and a low-percentage sales commission. Selecting the costlier computer system after considering two systems. Installing a participatory…
Which of the following statements is TRUE? A. Technological change is one of the ongoing challenges that characterize the current business landscape. B. A global company can be headquartered anywhere, but usually, most of its employees come from the organization's home country. C. In today's world, planning is a top-down function in which top executives establish business plans and tell others to implement them. D. Globalization has reduced the need for innovation by equalizing production costs.
All of the following conditions are likely to make ESG issues financially material (relevant) to a firm, except: O when it becomes easier for management and stakeholders ot gain insight into a company's environmental or socal impact. when the media and NGOS have more power and politicians are more responsive to ESG issues. when companies have the ability to effectively self-regulate O when a company develops a differentiated service or product that replaces a "dirty" or unsustainable way of doing business.
One of Oman based company is about to start investment in the international market. The company is very old in Oman but new in international market. It is also one of the requirements of the international market to shift accounting standards to International financial reporting standard. The company is not taking this task as challenge because __________________. a. The process does not require much efforts b. Training staff on shifting to this standard doesn’t cost much c. Only terminologies will be changed d. None of the options