Four primary mechanisms are used to motivate managers to act in stockholders' best interests:
1.Managerial Compensation
Managerial compensation should be constructed not only to retain competent managers, but to align managers' interests with those of stockholders as much as possible.
2.Direct Intervention by Stockholders
Today, the majority of a company's stock is owned by large institutional investors, such as mutual funds and pensions. As such, these large institutional stockholders have the ability to exert influence on mangers and, as a result, the firm's operations.
3.Threat of Firing
If stockholders are unhappy with current management, they can encourage the existing board of directors to change the existing management, or stockholders may even re-elect a new board of directors that will accomplish the task.
4.Threat of Takeovers
If a stock price deteriorates because of management's inability to run the company effectively, competitors or stockholders may take a controlling interest in the company and bring in their own managers.
His or her business interest would be the smooth and efficient running of their department. They also have goals and quotas that need to be met and are expected to lead their employees to meet them.
Usually, the more an employee feels an owenership-type investment in the company, the more they will care, and the harder they will work to make things better.
[1] The dining room manager sees that the needs of the business, and of customers, are met. For example, business needs are met by attention to profits. So the manager tries to avoid waste, check compliance with health and legal standards, control the cash drawer, encourage drink and food orders, keep costs down, and monitor employee behavior and service. [3] Customer needs are met by attention to the courtesy and efficiency of the service; and the quality of the drinks and food, and of the environment.
regional manager
a service manager is not a buisness manager it is infact an employee trying to get as a buisness manager. I know this as I am a buisness manager now as I was an emplyee trying to get to this level of buisness!
I want to be become HR manager
Yes, he can. The District Manager is a representative of the company's management, and as such is charged with looking after the company's interests.
Greedy
Yes. If the employee is a sales person then the managers duty is to encourage them to sell.
If the business has several different sidelines or sub-businesses, focusing on only one may be a fatal error for a manager.
In my openion theory y is more preferred to adopt by the manager to encourage work force diversity
no Yes, China now owns Walmart, as a majority stockholder!! Ask any Walmart manager, "full time" is now 32 hours a week....which is not full time since is less than 40!!
no Yes, China now owns WalMart, as a majority stockholder!! Ask any Walmart manager, "full time" is now 32 hours a week....which is not full time since is less than 40!!
One way to encourage an employer to provide a reference check is to be direct in informing them that this is needed in order to obtain employment. Also, contacting a former manager and asking them to be a point of contact is recommended.
One way to encourage an employer to provide a reference check is to be direct in informing them that this is needed in order to obtain employment. Also, contacting a former manager and asking them to be a point of contact is recommended.
His or her business interest would be the smooth and efficient running of their department. They also have goals and quotas that need to be met and are expected to lead their employees to meet them.
Managers can encourage communication and collaborations to help teams work more effectively. The a manager does this, the more productive teams will be.