Leading, managing and developing people Outline Example | Topics and Well Written Essays - 250 words

Leading, managing and developing people - Outline Example 318). Contracted workers will not access HR training and development. They also lose their benefits such as the medical insurance packages. Considering the negative change in treatment, contracted workers of Tiger Cars will cease from doing extra work that they could have done if they could be working on a permanent basis. Psychological contract provides an explanation for the eminent decrease in the output if the company implements its employment strategy. In the long-term the expansion plan may not work well due to issues of HR that may arise. The HR is likely to experience inflated costs of remuneration, in the long run, when they lay-off workers (LIU, 2009 p. 30). The HR department will have to hire consultants at high rates to fill the gaps of knowledge left by staff reductions. The HR will ignore the cost of cutting staff. However, with the expansion of the company the HR will face the challenge of making replacement to the lost comprehension of the firm, its processes and customers (Mazur, 2012 p. 1). It will lead to revenue loss and reduced productivity. The contracted former employees will also undertake the contracted work only without offering extra skill (Pesqueux, 2012 p. 1). Tiger Car LTD must consider implementing strategies that boost the commitment, attitudes, and their relationship with the contracted employers (Collins, Cartwright and Hislop, 2012 p. 211). Improving work conditions and implementing some exchange model between the contracted workers and the organization can boost the employee’s commitment. In addition, the provision of training, improved supervision, and the provision of co-worker support can ensure that the output of the contracted workers is boosted significantly (Jafri, 2014 p. 168). Sadiq, S. (2014). Relationship between Psychological Contract Violation, Supervisory Support, Psychological Contract Breach and Organizational Citizenship Behavior.  IOSR Journal of Business and Management, 16(3),

Advertising Essay Example | Topics and Well Written Essays - 2500 words - 2

Advertising - Essay Example By the calculated market value, it was declared as the 17th largest company in the world. It is also the largest mobile phone service provider in the world with more than 100 million customers around the United States (Belch, G. E., & Belch, M. A. 2001). The markets in which the company is working are diverse inside the United States. The major regions of operations are California, Nevada, Illinois, Indiana, Michigan, Ohio, Wisconsin, Arkansas, Kansas, Missouri, Oklahoma, Texas and Connecticut. The founder of the company is Alexander Graham Bell who found the corporation after his invention of telephone. Initially its name was set as Bell Telephone Company. Under its subsidiaries, there was a company which was known as American Telephone and Telegraph Company (AT&T) which was incorporated in 1885. It acquired Bell Company in 1899 and the main name was set up as AT&T Company instead of Bell Company. After this major acquisition, AT&T attained the monopoly services of telephone in United States by further opening the subsidiaries of company throughout the countries. For a long time period, it remained a monopolistic market leader in telephone services in United States of America. After a long time of enjoyment the monopoly, the US regulators required from the company that they must break their monopoly by turning the whole company in to smaller region based companies individually (John, P. & Watson, W. P. 1986). The new companies were named as Bell operating companies or som etimes they were referred to as baby bells. Because of the act of breaking up, the parent company had to face heavy competition that opened the door for flexibility and creativity in the telephone services in United States. It cleared the new avenues to get the services of telephone more creatively. The competitive edge of the above listed product portfolio provides the main stream points upon which American Telephone and Telegraph Company has earned highest market share. It provides highest

Gulf Cooperation Council (GCC'S). Economic Indicators Article

Gulf Cooperation Council (GCC'S). Economic Indicators - Article Example The countries that are member of this council are as follows: †¢ Saudi Arabia †¢ Kuwait †¢ Bahrain †¢ Qatar †¢ United Arab Emirates †¢ Sultanate of Oman (Sheikh Mohammed, 2012) GCC being an oil-based region is provided with several opportunities to enhance its profit ratio and to play an essential and pivotal role in providing the world with oil. With the largest crude oil reserves in GCC (486.6 billion barrels), the member countries play the leading role in the world. In addition, GCC is the largest producer and exporter of petroleum due to which the region enjoyed fascinating and spectacular economic boom from the year 2002 to 2008 (The Economist Intelligence, 2011). The dominant role of the GCC countries in the world provided the region with an opportunity to increase the economy to $1.1 trillion (triple in size) during the same years. GCC region is the largest producer and exporter of oil and petroleum due to which the GCC countries account for almost 52 percent of the total OPEC oil reserves. 3. GDP GROWTH RATE The growth rate of the GCC region relies highly on the production and export of oil and petroleum to countries across the globe. The GDP growth rate of the GCC has been fascinating and outstanding from 2002-2008 and even after 2012 (IMF, 2012). Throughout 2002 to 2008 the region was provided with an opportunity to increase its economy threefold (Fox, 2011). The GCC countries enhanced its GDP from 400,000 (Mn US$) in the year 2003 to more than 1,100,000 (Mn US$) in the year 2008. ... Meanwhile, the region witnessed a growth rate of 14.2 percent in the year 2007 (Fox, 2011). Such an increase in the growth rate in the year 2002-2008 was highly dependent on the strongly increasing oil demand in the world (Fox, 2011). Some of the factors that contributed to such an extensive performance include better geo-political environment, boost in privatization of activities, increase in the Central Bank’s assets along with the strengthening of the GCC’s corporate sector. On the other hand, the GCC region has witnessed a decline in the growth rate due to the rising financial and economic crisis (Bachellerie, 2012). As a result, the oil market in the countries across the globe turned from cash cow to dog. The financial and economic crisis led to the decline in nominal GDP by -19.3 percent. Meanwhile, the real GDP declined from 6.4 percent to 0.5 percent in the years 2008 and 2009 respectively. With the global recovery of the oil market, the GCC region once again wi tnessed promising growth rate. The forecasted nominal GDP of the GCC was 380.5 (USD bn) in the year 2012 whereas the Real GDP (forecasted) for the same year was 5.3 (% y/y). Figure 1: GDP of GCC Countries Source: Gulf Investment Corporation, 2011) Figure 2: GCC’s GDP Growth Source: Haque, 2012 4. Inflation Rate The inflation rate in the GCC was quite low from 2002 to 2003 due to the prudent monetary and fiscal policies. Moreover, the access and availability of the goods and services in the region ensured low inflation rate. This could be witnessed by the 0.2 percent inflation rate which increased to 2.1 percent during 2001-2004. The inflation rate was 6.7 percent in the year 2007 which reached 10.7 percent in the year 2008 (IMF, 2011). The increase in inflation rate was a

Document Interpretation 1 Upload Coursework Example | Topics and Well Written Essays - 500 words

Document Interpretation 1 Upload - Coursework Example According to the story teller, those Natives looked much exited. They danced and signaled the strangers to come to their home. This shows that these natives were friendly and were willing to make friends with strangers whom toured their land. Despite their hospitality, Jacque did not trust them. This is symbolized by the fact that he was afraid to go to their home because his crew had only one boat. May be he was afraid since they had no back up and things could go wrong. The Natives did not let go and made sure that they followed them. They were exited and very happy indeed to have seen the strangers. According to the writer, the Natives showed that they were in need of their friendship. Jacques shot at them and they were afraid since that was strange to them, hence the fled (Sympatico). Jacques and his crew slowly learned how friendly the Natives were. They got closer and closer to them as time went by and soon they were exchanging goods; skins for metallic goods among other goods. After all, the wild people were not such bad people. Despite that they did not have much to offer, they could offer everything that they had. Jacques admired their hospitality and even that he could convert them to his religion. The only problem is that what the wild people offered for trade was of no value (Wisconsin Historical Society). Later, Cartier erected a 30 foot wooden cross which had a fleur-de-lys shieldas well as plaque with â€Å"Vive-le Roi- de France† which means â€Å"long live the king of France,† which had been engraved in it as well as knelt in prayer. Donnacona became upset with the fact that his land was being taken away from him and his people. He showed signs that the land belonged to his people. However, Cartier lied to him that this cross was just a marker of the way and since Donnacano could not read what had been written, Cartier managed to trick him in this way