The Unorthodox Owner Case Study Example | Topics and Well Written Essays - 1000 words

The Unorthodox Owner - Case Study Example The structure is completely wrong. It defies normal marketing standards. The prior standard indicates the employees with higher revenues will get higher commissions than employees with lower revenues. The new commission pool pays people who do not actually sell or complete Second, the confused employees did not know how to correctly respond to the new unorthodox marketing strategy. It is wrong to confuse the employees. The confused employees do not know the intricacies of the equality distributed commission pool. Third, Wilkinson did not indicate the responsibilities of the new chief operating officer. Consequently, the new COO does not know what he should do in the new job. Consequently, the COO may not be implementing what the owner, Wilkinson intents because of the miscommunication. Finally, Wilkinson wanted the commission pool to be evenly divided among the sales people, both top sellers and lackluster performing sales persons (Zoratti 19). It is wrong to distribute the commission equally among all the sales persons. The implementation will indicate that employees with low revenues will receive the same amount of commission as the sales persons generating ten times the amount generated by the low revenue-generating (Burton 26). For example, the sales person generating the $ 1,000,000 top selling sales persons will receive the same $ 10,000 commission as the sales person generating $ 1,000 sales for the same month (Ross & Lemkin 4). To generate the required net profits, the company must produce the profit-generating responsive revenues (Boone 14). In addition to the bonuses, Wilkinson increased the commission from 5 percent to 7.5 percent (Hartline 270). The compensation plan influences sales performance (Dougherty 1). Mr. Wilkinson should not implement the unorthodox commission and bonus scheme without fully explaining the details of the new scheme. Mr. Wilkinson’s spending more time giving a

The Indian Economy Essay Example | Topics and Well Written Essays - 500 words

The Indian Economy - Essay Example This rising working age means more workers in the future. More workers are important, because of the concern about demand increasing over supply. The Economist reports â€Å"that demand is outpacing supply and hence the pace of growth is unsustainable.† A greater number of workers could increase production, raising the supply, to meet the demand. More workers are also important, because the number creates more consumers. This makes the demand higher, but the supply raises as well. This circle makes an economy more stable, than just the demand rising with no increase in supply. However, if just the demand was rising and not the supply, inflation and depression follow. Workers and consumers are good for an economy. The one thing that more workers will need is education. Job training should be put into place by the government. New industries, especially computer related, should be taught in vocational schools. This would help the new workers coming of age to find jobs. It would not matter how old a worker, if they had no skills. The Economist states â€Å"60% of Indias labour force is engaged in low productivity farming.† These farmers will need skills to gain production jobs within urban areas. India government reforms have made the economy grow. The trade friendly reforms have created an import/export business that is lucrative. It is also easier for foreign investment, although this has not been as widespread as hoped. Lower oil prices make the economy better. Government regulation on employees in the workplace have made for happier workers. All of these reforms are good, but more need to take effect. Indias government has ambitious plans to increase total infrastructure spending to 8% of GDP over the next five years. This will involve some increase in government spending, but the idea is for the bulk of it to be financed by public-private partnerships. Although this is a good start, but the infrastructure is in poor shaped. More