Four managers in a large national insurance company are described below. The national sales director of...
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Four managers in a large national insurance company are described below. The national sales director of the company has given you/your team the task of allocating $100,000 in bonus money to these four managers. It is entirely up to you/your team to decide how to divide the money among these people. The only requirements are that all of the money must be distributed and that no two branch managers can receive the same amount. The names and information are presented in no particular order. You should assume that economic conditions, client demographics, and other external factors are very similar for these managers. i) How would you allocate the $100,000 bonus money among the managers? Give the amounts (and %) of the overall bonus that you would assign to each of the managers. (See sample forms below). i) Why did you assign the bonus money in the manner that you did? For example, what was the criteria (inputs and outputs) would you based your decision on? What is the relative weight/importance of the each of the criteria? ) Discuss and compare your bonus allocations with those of your groupmates. Four managers in a large national insurance company are described below. The national sales director of the company has given you/your team the task of allocating $100,000 in bonus money to these four managers. It is entirely up to you/your team to decide how to divide the money among these people. The only requirements are that all of the money must be distributed and that no two branch managers can receive the same amount. The names and information are presented in no particular order. You should assume that economic conditions, client demographics, and other external factors are very similar for these managers. i) How would you allocate the $100,000 bonus money among the managers? Give the amounts (and %) of the overall bonus that you would assign to each of the managers. (See sample forms below). i) Why did you assign the bonus money in the manner that you did? For example, what was the criteria (inputs and outputs) would you based your decision on? What is the relative weight/importance of the each of the criteria? ) Discuss and compare your bonus allocations with those of your groupmates.
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