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Studies show that seniority is the most important criteria when selecting employees for promotion to management positions?
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∙ 14y ago
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Nazek Alhrout
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What is Promotion Policy?
It is a company's policy to promote: whether from within or without the roster of existing employees.
How does filling positions internally might impact the organization?
When a company has a reputation for filling positions from within, it's a way to boost employee morale. This is especially true if a company's internal promotion policies are part of such a system. By doing that its establishes internal mobility and then can more easily fill lower level jobs from outside sources.
What are the main aspects of marketing?
The 4Ps, Price,Place,Product,Promotion The main aspect of modern marketing is CRM(Customer relationship management). Building relationships with customers is the key in today's marketing environment.
Is mass promotion less expensive than personalized promotion?
While personalized promotion has its own capacity limits, with mass promotion, more and more people can be contacted, resulting in generation of more business activity. The later being most cost effective, is obviously less expensive in comparison to personalized promotion effort.
What is the relationship between Financial management and other management disciplines?
There is a close relationship between the finance function on the one hand and production, procurement, marketing, personnel function on the other. Almost all business activities in an organization directly or indirectly involve the acquisition and use of funds. The determination of production, procurement and marketing strategies are the prerogative of the chief of production, purchase and marketing divisions respectively, but for implementing their decisions funds are required. For example, the production department may decide to replace an old machine with a new one to increase the production capacity but it has financial implications too. Similarly, the purchase and sales promotion policies are laid down by the purchase and marketing divisions respectively, but procurement of materials, advertising and other sales promotion activities cannot be carried out without funds. Likewise, the recruitment and promotion of staff is the responsibility of the personnel department but recruitment and promotion of employees require funds for the payment of wages, salaries and other benefits. Many times, it may be difficult to demarcate where the one function ends and other starts. It may, however be noted that although the finance function of raising and using funds has a significant effect on other functions, it need not limit or obstruct the general functions of the business. It is possible that a firm facing financial difficulties may give more weightage to financial considerations and devise its own production and marketing strategies to suit the situation. On the other hand a firm with plenty of funds may not have much rigidity with regard to financial considerations vis-Ã -vis other management functions. In such a firm, financial policies may be adjusted to the needs of the decisions relating to production, procurement, marketing and other functions Email Based, Online Homework Assignment Help inRelationship Between Financial Management and Other Areas of Management Transtutors is the best place to get answers to all your doubts regarding relationship between financial management and other areas of management with examples. Transtutors has a vast panel of experienced in relationship between financial management and other areas of managementfinancial management tutorswho can explain the different concepts to you effectively. You can submit your school, college or university level homework or assignment to us and we will make sure that you get the answers related to relationship between financial management and other areas of management
Promotion and Compensation of Personnel or employees?
not employees
What is the work of personnel departments?
Personnel department of an organization is set up for the management of manpower resources. Functions of personnel department are: * Analyzing manpower requirement by job analysis * Recruitment * Selection of suitable candidates for vacant positions * Placement,orientation and induction of new employees * Training and development of employees * Performance appraisal * Promotion or demotion of employees * Compensation * Analyzing wage rates salaries and payments of employees * Retirements
What is the role of sales promotion in sales management?
Sale promotion is an important component of a small marketing stategy along with advertising ,public relations, and personall selling.
When evaluating promotional claims what is important to do?
When evaluating promotional claims its important to focus on the critical information about the employees. You need to look at the achievements and overall performance of the person who is up for promotion.
When evaluating promotional claims it is important to?
When evaluating promotional claims its important to focus on the critical information about the employees. You need to look at the achievements and overall performance of the person who is up for promotion.
When evaluating promotional claims what is it important to do?
When evaluating promotional claims its important to focus on the critical information about the employees. You need to look at the achievements and overall performance of the person who is up for promotion.
When evaluating promotional claims it is important to what?
When evaluating promotional claims its important to focus on the critical information about the employees. You need to look at the achievements and overall performance of the person who is up for promotion.
entities?
EE, jobs, promotion transactions, positions in the company
What has the author Stefan Raab written?
Stefan Raab has written: 'Entwicklung personaler und sozialer Ressourcen in Organisationen' -- subject(s): Health promotion, Employees, Management, Training of, Career development
What does trade promotion management typically refer to?
Trade promotion management refers to how well an individual is doing with their respected company. The productivity and effort styles are put in account and promotions are rewarded by management.
What is personal to holder basis?
Personal-to-holder means experience, qualifications, and all characteristics that are taken into account when a person is being evaluated for a promotion. Some government employees retain positions on a personal-to-holder basis at the discretion of a manager.
What is the Staples Business Advantage promotion?
The Staples Business Advantage promotion is a division of Staples that works with companies of 20 or more employees to develop customized programs. These programs deal with specialized pricing, dedicated account management, and a complete assortment of products and services. http://staplesadvantage.com/about-us/index.html
