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Toyota uses low cost strategy will Coca-Cola uses differentiation strategy

Short Answer Practical Questions

Name

Affiliation

Set 1 Questions

Question 1

Toyota uses low cost strategy will Coca-Cola uses differentiation strategy. Both the companies use Strategic Total Rewards Management. This is one of the best strategies used by various other companies around the world. As for the case of an IT company in the UAE especially Dubai it is better for it to also adopt a Strategic Total Rewards Management. This is a better total reward strategy. The use of strategic Total Reward systems is considered as the best amid all the other strategies that companies should adopt. As of the case of an IT company in the UAE, it should adopt such a strategy in order to pursue the current IT market. Due to the fact that the IT market in the UAE has already bloomed, such a company needed to strategically determine the best interest of the people especially its employee in order to motivate its workers so as to increase it marker domination.

Question 2

The level of rewards determines the extent at which the performance of an organization will be. This outcome is evaluated based on the motivation the employees get. It is clear that highly motivated employee are industrious and eventually produce better performance. Most organization around the world as well as others in the UAE get low performance due to low motivation levels of rates of their employees. As a result the outcome of the does not meet the goals and the objectives of the organization or businesses. Therefore, organization should ensures that they motivate there employees by giving them rewards that are in accordance to their performance. Employees should be paid based on their output.

Question 3

The following are the forms of pay that one can get from work; guaranteed pay, variable pay as well as equity based pay. However, on the personal list the only pay is benefit pay. Based on an employee’s perspective, the best form of pay is guaranteed pay while to that of the employer it’s the variable pay. The reason for stating that employee prefer guaranteed pay is that they are sure that at the end of the day of month or contract they are sure of getting their pay. On the other hand, employers do not prefer that because they consider that such kind of pay will not favor performance. They prefer that payment or reward is made after the performance is evident.

Set 2 Questions

Question 1

The three selections are: lecturer, graduate assistant and the last is Tutorial fellow. The best way to conduct a job analysis for the above position is first to take note of the position that I would prefer among the three. This will be done using various sources of job information. For this case, I will collect all the needed information from friend as well as get the information from the media such as company websites and newspapers. I will evaluate the above three jobs based on their salary, scheme of services as well the duration of the contract offered. The rationale behind choosing the above is that is not only gives me the best time frame to get the needed job but also to secure the most flexible of all. However, I consider that job analysis can be undertake from other different perspectives but the most considerable one is using job descriptions. Sources of job data and information can also be obtained from third party organization that render job analysis as well as conduct recruitment and selection.

Question 2

First the base pay structure should take into consideration of the level of education the employee has, the audience he or she is yet to attend to, the level of difficulty will also be considered when I determine the base pay structure, and overview of the task to be performed by the employees. In addition, the nature as well as the working environment will also be considered when structuring the base pay structure. An evaluation of the pay structure should also be on board so as to determine the base pay for each of the employees in the organization. Apart from the above requirements, it will be considerable to consider employee representation during the structuring of the base pay. This will increase employees’ clarification of their demands during the structuring. Other stakeholder such as inflation and tax experts must also be on board to ensure that the base pay structure is up to date.

Question 3

Compensation plan

Category Revenue Commission Rate Commission Bonus and Sub Totals Commission Totals and Bonus

Commission Level One AED 750,000

1.5% 11,250 Commission Level two AED 600,000 2% 12,000 Total Commission AED 1,350,000 23,500

The commission will based on the sale of the products to the clients. The rate of commission is calculated based on the revenue collected. This denotes that the total commission with be determined from the two categories of commission of the level of commission and this will be 23,400 per month. The above compensation plan has deep rooted background from the services offered by the sales person. The hard work of the employee determines the end reward he/she will get. In addition, an employee had to attain a minimum of 70% of the entire sales for him to be considered for a better pay of a guaranteed pay (commission).

Set 3 Questions

Question 1

Compensation can be defined as the returns that an employee gets from the work he/she does for an organization of himself. The level of compensation matters with the type of output from the respective employee. From a United States perspective, compensation is considered entitlement for work done. The latter means that all the employee have the right to be compensated not considering the output as compared to my definition. However, I consider that compensation should be evaluated in-terms of rewards since one is compensated with respect to the effort he or she has rendered to an organization or at the workplace. Despite the fact that the word had different definitions, it is vital to determine the nature of work we are into before defining it. For example, military personal are really entitled to their pay but a casual work in a construction site is rewarded for his service.

Question 2

Regulatory environment of employment in the UAE works under the free zone policy.

ISSUES UAE USA

Set up process The set up process in the UAE is not very hard, the process is easy for both the natives and the expatriates In the USA the legal and structural procedures are very hard making it difficult to set up.

Licensing options There are various licensing options available. The USA offers limited licensing options

Visas It is very easy to get an employment Visa to the UAE especially for SMEs Getting an employment Visa is very hard in the USA

Business Sectors The UAE favors tourism and SMEs business The USA is open to all sorts of business sectors

Employment Criteria In the UAE, the government is very concerned with the upkeep of employees as it offers 60% to the Emiratis and 40% to the expatriates The United States does not favor expatriates as it as it gives them less than 10% of available employment.

Question 3

Lecturer

This is a position that has a lot of prestige in the UAE. Most people are paid more than AED 15,000. It is ideal to consider that there are various factors that must be considered before, taking a lecturer position in the UAE. First, the individual should appreciate the fact that the person must be disciplined and has the highest level of education as compared to the students. For one to be a lecturer, he/she must have a master’s degree and above. A lecturer position is among the well-paying jobs in the country, but the provisions for the job are very high. This is because they are known to be the top cream of a nation. It is from such people that have other better people such as doctors as well as other politicians. Thus, the potential employee seeking such position should have outstanding public relation as well as credited student to teacher relationship. In addition, background checks are vital when handling such jobs so the employee should be aware that he/she has to undergo background checks before being enlisted or employed as a lecturer in the UAE.

Doctor

This is almost highly paid jobs in the UAE. Very few people have qualified to be doctors in the country. The job is highly paid with not less than AED 50,000 per month. The qualifications expected are high. A doctor need to be an exemplary medical performance before being employed. He/she also needed more than 5 years of experience before being employed to senior medical positions in the UAE. Having made the top jobs in the country, the job analysis of such a position should be very complex. The employee with such qualifications have to undertake serious job analysis to determine if there are able to meet the job description offered to them in the job adverts. Therefore, it is ideal that the employee seeking such working position should not only have a deep job search in order to ascertain the best job description, but also should take his/her search to government and non-governmental organization as they are the only areas that could offer such position. Due to the fact that the job is well paying it also calls for time dedication.

IT technician

This job pays less as compared to the above two in the UAE. Employee get even less than AED10, 000 for such jobs. IT technician jobs vary according to their level of education. Diploma and graduate employee are paid differently, but most of the jobs are for diploma holders. This informs the employee that the works can only be done with less qualification and handling it in more qualifications could lead to over equalization in the interview. On the other hand, the ideals is that the work could also be done with a graduate qualification but this can only be done with professional of higher job status. For example, there are IT technicians who are employed by large organizations like companies and other big organization. As for the case of the above, the qualifications goes even beyond mere graduate position to post graduate status. Thus, the ideals of such a job calls not only for a deeper understanding of the job analysis but also the potential employee ought to have proper sources of information and data about the job.

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Short Answer Practical Questions

Name

Affiliation

Set 1 Questions

Question 1

Toyota uses low cost strategy will Coca-Cola uses differentiation strategy. Both the companies use Strategic Total Rewards Management. This is one of the best strategies used by various other companies around the world. As for the case of an IT company in the UAE especially Dubai it is better for it to also adopt a Strategic Total Rewards Management. This is a better total reward strategy. The use of strategic Total Reward systems is considered as the best amid all the other strategies that companies should adopt. As of the case of an IT company in the UAE, it should adopt such a strategy in order to pursue the current IT market. Due to the fact that the IT market in the UAE has already bloomed, such a company needed to strategically determine the best interest of the people especially its employee in order to motivate its workers so as to increase it marker domination.

Question 2

The level of rewards determines the extent at which the performance of an organization will be. This outcome is evaluated based on the motivation the employees get. It is clear that highly motivated employee are industrious and eventually produce better performance. Most organization around the world as well as others in the UAE get low performance due to low motivation levels of rates of their employees. As a result the outcome of the does not meet the goals and the objectives of the organization or businesses. Therefore, organization should ensures that they motivate there employees by giving them rewards that are in accordance to their performance. Employees should be paid based on their output.

Question 3

The following are the forms of pay that one can get from work; guaranteed pay, variable pay as well as equity based pay. However, on the personal list the only pay is benefit pay. Based on an employee’s perspective, the best form of pay is guaranteed pay while to that of the employer it’s the variable pay. The reason for stating that employee prefer guaranteed pay is that they are sure that at the end of the day of month or contract they are sure of getting their pay. On the other hand, employers do not prefer that because they consider that such kind of pay will not favor performance. They prefer that payment or reward is made after the performance is evident.

Set 2 Questions

Question 1

The three selections are: lecturer, graduate assistant and the last is Tutorial fellow. The best way to conduct a job analysis for the above position is first to take note of the position that I would prefer among the three. This will be done using various sources of job information. For this case, I will collect all the needed information from friend as well as get the information from the media such as company websites and newspapers. I will evaluate the above three jobs based on their salary, scheme of services as well the duration of the contract offered. The rationale behind choosing the above is that is not only gives me the best time frame to get the needed job but also to secure the most flexible of all. However, I consider that job analysis can be undertake from other different perspectives but the most considerable one is using job descriptions. Sources of job data and information can also be obtained from third party organization that render job analysis as well as conduct recruitment and selection.

Question 2

First the base pay structure should take into consideration of the level of education the employee has, the audience he or she is yet to attend to, the level of difficulty will also be considered when I determine the base pay structure, and overview of the task to be performed by the employees. In addition, the nature as well as the working environment will also be considered when structuring the base pay structure. An evaluation of the pay structure should also be on board so as to determine the base pay for each of the employees in the organization. Apart from the above requirements, it will be considerable to consider employee representation during the structuring of the base pay. This will increase employees’ clarification of their demands during the structuring. Other stakeholder such as inflation and tax experts must also be on board to ensure that the base pay structure is up to date.

Question 3

Compensation plan

Category Revenue Commission Rate Commission Bonus and Sub Totals Commission Totals and Bonus

Commission Level One AED 750,000

1.5% 11,250 Commission Level two AED 600,000 2% 12,000 Total Commission AED 1,350,000 23,500

The commission will based on the sale of the products to the clients. The rate of commission is calculated based on the revenue collected. This denotes that the total commission with be determined from the two categories of commission of the level of commission and this will be 23,400 per month. The above compensation plan has deep rooted background from the services offered by the sales person. The hard work of the employee determines the end reward he/she will get. In addition, an employee had to attain a minimum of 70% of the entire sales for him to be considered for a better pay of a guaranteed pay (commission).

Set 3 Questions

Question 1

Compensation can be defined as the returns that an employee gets from the work he/she does for an organization of himself. The level of compensation matters with the type of output from the respective employee. From a United States perspective, compensation is considered entitlement for work done. The latter means that all the employee have the right to be compensated not considering the output as compared to my definition. However, I consider that compensation should be evaluated in-terms of rewards since one is compensated with respect to the effort he or she has rendered to an organization or at the workplace. Despite the fact that the word had different definitions, it is vital to determine the nature of work we are into before defining it. For example, military personal are really entitled to their pay but a casual work in a construction site is rewarded for his service.

Question 2

Regulatory environment of employment in the UAE works under the free zone policy.

ISSUES UAE USA

Set up process The set up process in the UAE is not very hard, the process is easy for both the natives and the expatriates In the USA the legal and structural procedures are very hard making it difficult to set up.

Licensing options There are various licensing options available. The USA offers limited licensing options

Visas It is very easy to get an employment Visa to the UAE especially for SMEs Getting an employment Visa is very hard in the USA

Business Sectors The UAE favors tourism and SMEs business The USA is open to all sorts of business sectors

Employment Criteria In the UAE, the government is very concerned with the upkeep of employees as it offers 60% to the Emiratis and 40% to the expatriates The United States does not favor expatriates as it as it gives them less than 10% of available employment.

Question 3

Lecturer

This is a position that has a lot of prestige in the UAE. Most people are paid more than AED 15,000. It is ideal to consider that there are various factors that must be considered before, taking a lecturer position in the UAE. First, the individual should appreciate the fact that the person must be disciplined and has the highest level of education as compared to the students. For one to be a lecturer, he/she must have a master’s degree and above. A lecturer position is among the well-paying jobs in the country, but the provisions for the job are very high. This is because they are known to be the top cream of a nation. It is from such people that have other better people such as doctors as well as other politicians. Thus, the potential employee seeking such position should have outstanding public relation as well as credited student to teacher relationship. In addition, background checks are vital when handling such jobs so the employee should be aware that he/she has to undergo background checks before being enlisted or employed as a lecturer in the UAE.

Doctor

This is almost highly paid jobs in the UAE. Very few people have qualified to be doctors in the country. The job is highly paid with not less than AED 50,000 per month. The qualifications expected are high. A doctor need to be an exemplary medical performance before being employed. He/she also needed more than 5 years of experience before being employed to senior medical positions in the UAE. Having made the top jobs in the country, the job analysis of such a position should be very complex. The employee with such qualifications have to undertake serious job analysis to determine if there are able to meet the job description offered to them in the job adverts. Therefore, it is ideal that the employee seeking such working position should not only have a deep job search in order to ascertain the best job description, but also should take his/her search to government and non-governmental organization as they are the only areas that could offer such position. Due to the fact that the job is well paying it also calls for time dedication.

IT technician

This job pays less as compared to the above two in the UAE. Employee get even less than AED10, 000 for such jobs. IT technician jobs vary according to their level of education. Diploma and graduate employee are paid differently, but most of the jobs are for diploma holders. This informs the employee that the works can only be done with less qualification and handling it in more qualifications could lead to over equalization in the interview. On the other hand, the ideals is that the work could also be done with a graduate qualification but this can only be done with professional of higher job status. For example, there are IT technicians who are employed by large organizations like companies and other big organization. As for the case of the above, the qualifications goes even beyond mere graduate position to post graduate status. Thus, the ideals of such a job calls not only for a deeper understanding of the job analysis but also the potential employee ought to have proper sources of information and data about the job.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now

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