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Ethical behavior in business
Ethical behavior in business
Ethical behavior in business
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Does Pick n Pay keep its word regarding PR?
Pick n Pay regard people as one of the most important parts of the successful running of the business and it is vital to keep the customers happy about the business. That is why people fall as one of the four legs of Pick n Pay and it is proof seeing as Pick n Pay has won awards for best customer service and best customer loyalty programme in 2013.
What must be improved at Pick n Pay?
Pick n Pay is constantly changing to suit the wants of the customers and make it a friendly environment for everyone to be in. Forms can be given to our customers either at the store or online that can be filled in for customers to give their opinions on the stores and customers can include suggestions of how to change the store or improve it to make it easier to get any goods.
Is the Pick n Pay staff professional and friendly?
Yes as at Pick n Pay all employees must have values that suit the business; these values are things like honesty and integrity. Our staff is taught that it is an honour to work in each separate community and that they must serve that community in return to the best of their abilities. The Pick n Pay employees pride themselves on keeping their values and commitments to the people they are working for. New employees are taken through an induction process which is led by in store trainers who also welcome new employees and will remain a person for that employee to talk to if he/she has any queries or is in need of any help.
How are Ethics implemented at Pick n Pay?
Pick n Pay values ethics as it is important to stay honest with customers even if it does not benefit the company as having a good ethics code gains loyalty from the customers. Pick n Pay also implements many different pl...
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... lose more money or an opportunity to advertise and gain publicity. Not many people have complaints over Pick n Pay and when they do Pick n Pay will try to resolve these problems while other businesses might not be as willing to resolve these problems. There were limitations however in that many people did not have any comments to give on Pick n Pay or few suggestions were given as to how Pick n Pay could improve. There were also a few complaints of customer service when that is what Pick n Pay strives towards and if it wants to improve even more it will have to lower the amount of complaints towards customer service. tomers ahead of their own needs and will go to any lengths to help the customers. This is because Pick n Pay dedicates its structure to helping people above other aspects of the business to ensure customers are happy and remain loyal to Pick n Pay.
Values include competence, integrity, objectivity, honesty, loyalty to the employer, responsibility to users of financial...
Compensation is made of a base salary (paid by the hour, work or the year; excluding overtime or bonuses), variable pay (bonuses, profit sharing/stock options which work hand and hand with the performance of the company), and benefits (to include health insurance/savings plans – 401(k), or tuition reimbursement). The traditional way of determining base pay for jobs was to compare jobs in the same industry. Now industry and market, no long work by themselves, the current thinking is more person-based that considers knowledge, skills, and competencies of the work. This, however, is best suited for high-performing environments that remain flexible in their deployment of human capital.
In this case, We have found Steve’s Tire and Lube’s company to have strong competitive priorities with their friendly environment, honest an reliable work, good reputation in the small town, quality service are worth the price, variety of services and supplies at retail, good employee training at vocation school, and most importantly they have loyal and hard workers, thus store turnover is rare. The order qualifier is service variety, including good services about oil changes, tire rotation and balance, brake pad replacement, and service inspection. In addition, provide retail parts and supplies are also considerable for the customer. Comparison with the same type of store, Steve’s has good order winner than others. It is about offering high
This means the other way in which Sports direct can extrinsically motivate their workers is through either extrinsic rewards; “valued outcomes or benefits provided by others, such as promotion, pay increases…” (Huczynski & Buchanan, 2013, 306) or punishment for lack of work. This was shown in the “pick rates” scheme mentioned, if workers did not meet set targets a series of times in a row they would lose their job. The more commonly used method of motivation is the opposite of this; extrinsic rewards. This maintains both worker satisfaction as well as motivating workers to increase output and efficiency. However, whilst this method of motivation maintains both, it is more costly for the business; due to paying extra bonuses, and is not as effective as punishment. This is because not all workers will want to work harder to earn bonuses. Some may be content with their current output and wage, whereas all workers will be forcefully motivated if their employer threatens to fire them for low
With the quickening pace of modern people's life, people's free time is also gradually reduced. Takeaways as a particularly convenient way of catering, gradually occupy a very important position in people's lives. Takeaway is very popular in the United Kingdom, and most people choose takeaways service when they are busy. Through analyzing some data and investigating the market, people can notice that the demand for takeaway in the United Kingdom is increasing in recent years. There are many factors that influence the demand for takeout, and they can be divided into two categories. Some of the factors that led to a rise in demand for takeaways originated from the consumers themselves, and another part of the factors can be attributed to the
Although Susan’s plan to “just do what her competitors are doing” (Nelson Education, 2013) may have not been the best approach to follow, it is in The Fit Stop’s best interest to match their compensation policy to those business’s similar to them. There is no need for The Fit Stop to lead with the best compensation options around, but lagging with the compensation could repel employees and could push them towards working for a competitor.
In this book, Jim Collins also challenges the notion that "people are your most important asset" and postulates, instead, that "the right people are." Despite the author's emphasis on finding the right people, there's no evidence that a company has to have concern for its employees as a core value for it to be great. There are a number of inherently great companies that didn't have this. I don't think Walt Disney cared about his people. He cared about films, and Disneyland, and smiles of kids. On the other side, with Hewlett-Packard and IBM, you had the antithesis of Walt Disney. When you look at corporate history, what matters is not what core values you have but that you have core value, and that you believe them. As another example, take David Maxwell's bus ride. When he became CEO of Fannie Mae in 1981, the company was losing $1 million every business day, with $56 billion worth of mortgage loans under water. The board desperately wanted to know what Maxwell was going to do to rescue the company. Maxwell responded to the "what" question the same way that all good-to-great leaders do: He told them, "That's the wrong first question.
...if the person is in the right place and fits the culture of the organization
Values remind me of ethics and morals, necessary in any walk of life and imperative in the work place. These concepts are guidelines in which employees need to follow to be successful. “Values represent basic convictions that a specific mode of conduct or end-state of existence is personally or socially preferable to an opposite or converse mode of conduct or end-state of existence.” (Robbins, 136) Integrity, courage, service, wisdom, respect and goal setting are a few of the values that are most crucial to me and what I hope to achieve within any work place setting. Values should be lived every day in the work place and should exemplify the
Not just do they purchase autos and pay well, yet you'll get a quote for your auto via telephone before an auto is even booked. They'll line up a purchaser for your vehicle, line up vehicle towing to meet your timetable, and then pay you.
...he plan to work or it is a waste of time for both parties. The right incentive plan properly implemented can increase the profitability of any business but if expectations increase faster than actual payouts then not only does the business lose but also the employee.
Ethical decision making process has been a paramount criteria that must be given due consideration if there should arise an occurrence of the organisations. To ensure ethical decision making in an organisation, one must first accept how individuals settle on ethical decisions in an organisational environment. It is often expected that individuals in organisations settle on ethical decisions in the same way that they settle on ethical decisions at home and in their personal lives. The success of an organization to a larger extent depends upon the ability of its management to take good and effective decisions (Kinicki 2008, 249-50).
Employers are often faced with the challenge of looking for ways to boost productivity and profitability while at the same time, motivating employees to accomplish organizational goals. For many employers, variable pay plans have risen to meet this challenge. A variable pay plan ties pay increases to increased performance and productivity. One of the more popular group variable pay plans is called gain sharing. Under gain sharing pay programs, both the employer and the employee benefit from increased productivity. Therefore, gain sharing has often been referred to as a win-win pay program since it is an incentive strategy that ties pay to productivity. Gain sharing is a type of incentive plan designed to increase productivity by linking pay directly to specific improvements in a company’s performance. Gain sharing is used primarily when quantitative levels of production are important measures of business success. Gains are shared with unit/department employees on a monthly, quarterly, semiannual or annual basis according to some predetermined formula calculated on the value of gains of production over labor and other costs. The plan lets employees reap some of the rewards of their efforts through teamwork and cooperation and by working smarter and harder.
The total pay package has a direct impact on the successful recruitment, selection and the retention of staff within any organization. This pay package is critical for any business to remain competitive in today’s business world. Competitive compensation packages are vital to both large and small organizations as they encourage the retention of talented staff.