Discussion: Part 1: there are many ways to motivate employees to greater and more satisfying performance levels. Please select three motivation strategies that you believe would work best for either a restaurant, or a beauty salon. Explain why you selected them and how you would put them in place. Part 2: the dreaded memo has reached your desk from the chief executive officer. It asks all managers to place their employees in order for layoffs. You have 7 employees working in your department. Marty kegs: white male, 10 years with the firm, average performer, rumor has it he drinks a lot after work Wanda b. first: white female, ambitious, 3 years with the firm, above-average performance, puts in extra time, is known to be abrasive when dealing with others Jorge Gonzales: Latino, 20 years with the company, average performer, was laid off before but called back when business improved Betsy whiner: white female 25 years with the company, below-average performer, has filed five sexual harassment complaints in the past ten years Jocelyn betoken: African American female, 8 years with the company, outstanding performer, is rumored to be seeking another job Michael lower milk: white male, single parent, 5 years with the company, average performer Susan striver: white female, 6 years with the company, excellent performer but with spotty attendance, is putting husband through college. Who are the first three on your list to be considered for lay off? Explain you reasons for each. Part 3: The past few months have been very busy for you. It seems there are just not enough hours in the day to get all the things done to open your new iphone kiosk in the famous Taft mall of the world. You recently signed contracts with an Indonesian firm who can provide durable and attractive cases at a low cost. Next item on your agenda is to get your product pricing strategies in place. Here is what information you have available: -your monthly expenses will be rent ($2500) and hourly pay for employees. The kiosk will be open for 300 hours per month, and the hourly cost for each of the four employees (with benefits!) will be $15 an hour. You have also hired a business manager who will handle ordering the inventory, maintaining the accounting records, and scheduling employees. This manager's salary will be $6000 per month. -the manufacturer in Indonesia has made a contract to deliver a variety of cases at a cost of $5 per case for the next year in return for your promise to only buy from this supplier. No other vendors for these cases are within 100 miles, and the cases are expected to be popular. You know you want to maximize profits. There is a lot of competition in the industry, so pricing must be set to gain a large share of the market. To get your sales, you want to establish a premium image for your cases. No junk being sold here! Repeat customers are expected, so penetration pricing is being considered. a. what do you believe is the best pricing philosophy and what is your rationale? b. Calculates the breakeven point for sales prices at $15, $20, $25, and $30. Based on these answers and on your assessment about likely monthly sales, what do you believe will be the best price for the case?

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Business Part 1 With increased concern on performance improvement employee motivation has proved to be of major significance Some of the three motivat... View the full answer