Friday, February 28, 2020
Avon Products or GE Money America Case Study Example | Topics and Well Written Essays - 1000 words
Avon Products or GE Money America - Case Study Example A client then selects a product to purchase after which the sales representative places the item selected on order with the relevant distribution center assigned to the representative (Bartholdi, 2002, p. 2). Items produced by Avon include skin care items; make up, perfume fragrance, hair care, personal care, body care, and sun care. The most conspicuous products of the company are Skin-So-Soft which is a bath products while a new product include ââ¬Å"Avon colorâ⬠comprising lip, eye, face shades and nail colors (Clinton, 1993, p. 2) In the business world today, human capital is one of the companyââ¬â¢s most valuable assets therefore companies must retain and engage talented employees. They must also equip their employees with the necessary skill to become more beneficial. Talent management includes attracting, identifying, recruiting, developing, motivating, promoting, and retaining people that have a strong urge to succeed within an organization (Laff, 2006, pp. 42-50) By 2005, the company was an $8 billion company with a 10% growth in its annual revenue and 25% growth in the profits. However, in 2006 the company experienced problems mainly associated with decreasing revenues and profits. The root cause of these challenges was that the company was growing at a rate faster than it could support in terms of infrastructure and talent. The main problem was on the management of talent and talent practices. Therefore, something had to be done to solve these problems and make a revolution in the company. This could be through making changes to these talent practices in order to make the practices easy to use and very effective From the Case Study it is clear that the company embraced several models to improve talent practices among them was the model for simplification of every process. It has been noted that majority of talent practices possess unnecessary complexity that discourage managers from using them and this dragged the pace at which talent was growing in
Wednesday, February 12, 2020
Global issues Essay Example | Topics and Well Written Essays - 500 words - 2
Global issues - Essay Example The economic inequality refers to the gap that exists between the rich and the poor; whereas the social inequality is concerned with the freedom of speech, right to vote, the extent of property rights, etc. There are various factors that influence the income inequality in a particular country. Some of the major factors are the family structure, the rapid advancements in technology, the rate of immigration and the growing markets. The family structure is changing. The rate of women in the labor market is increasing, which has changed the outlook of the labor market. Each family contains two or three times more workers than there were in the past. With rapid technological advancements the demand of skilled labors is increasing; therefore people who are not skilled are left behind. As the larger markets are growing the smaller markets are almost vanishing. Immigration affects the supply of labor and skilled labor often move to developed countries for opportunities. Global climate is considered to be the temperature, atmospheric pressure, temperature, wind precipitation, etc. The global climate is continuously changing and it is turning out to be more unequivocally warm. Scientists think that the human activities such as the emission of gases from green house are the major reason behind the changing global climate. It is important to understand the dynamics of global climate because it helps us to gain information about the atmosphere, biomass, oceans, cryosphere and the land surface. The only solution to minimize the effects of this phenomenon is to study it in detail and minimize the activities which impose negative effect on this phenomenon. Biological diversity implies the variety or the diversity of different species of plants and animals living in a specific area. Biodiversity is very important as it boosts the productivity of the ecosystem. Human activities are a major threat to biodiversity. Despite of the increased efforts conservation;
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