Wayth, a mobile manufacturing company, experienced losses in…
Wayth, a mobile manufacturing company, experienced losses in its domestic operations. As a result, it closed two of its underperforming facilities and downsized its workforce. The management also offered early retirement benefits to its low-performing employees to make them resign voluntarily. In the given scenario, Wayth used a _____.
Read DetailsHernandez, a clothing retail firm, maintains a database that…
Hernandez, a clothing retail firm, maintains a database that contains all necessary work-related details of its employees. The information includes each employee’s date of hire, job history, education, and performance and compensation history. The database allows the management to forecast the labor demands within the firm. In the given scenario, Hernandez is most likely using a _____.
Read DetailsIn the context of the four international strategies as propo…
In the context of the four international strategies as proposed by Bartlett and Goshal, if an expatriate manager is expected to acquire, leverage, and transfer specialized knowledge with much independence, he is most likely working with a firm that uses a _____.
Read DetailsThe vice president of Oreon Inc., an international chain of…
The vice president of Oreon Inc., an international chain of hotels, announces that he will retire from his post after 2 years. Following this, the top management of Oreon Inc. makes use of its employee database and elects the current general manager of operations as the next vice president. The manager is then given regular training and is groomed to make his transition to the senior position seamless. The given scenario illustrates the concept of _____.
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