work part-time, one can simply ask the supervisor if they can be scheduled on a day and time when it is suitable for them. This happens even if it is not the peak hour for the store. With the market being…
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Ann Taylor Labor Allocation System or ATLAS was introduced in 2007. It was designed to schedule people when they are needed based on the number of people that comes into the stores (O’Connell 2).
It was observed that workers, who come in early for their shift to do small things which are not work-related, started coming to work at least just an hour only after ATLAS was introduced. With limited time to make a sale, workers tend to be more aggressive on achieving their sale target for the day or for the week. With workers having that drive to convert a sale, instead of just browsers, people who enter the store are converted into buyers which translate to profit for the company and income for the worker (O’Connell 3).
The ATLAS program is often referred to as the simple control in an organization. The company awards the workers incentives if they do reach a certain sale. ATLAS on the other hand schedules the top performers on the store’s peak hours where more people comes into the stores and gives those workers more opportunity to hit a sale (Edwards 19). This kind of environment creates a competitive atmosphere to workers that aims to reach the desired number of conversion. This is done not just for them to earn more money but to earn a spot in the store’s peak hours. It may result into a competition between co-workers however this will make a positive effect towards the store’s productivity.
From the simple control, Ann Taylor Stores Corp. shifted to what is described as a technical control when they introduced ATLAS. It is said that technical control starts to materialize when employers attempt to manage a company’s production (Edwards 20).
Before ATLAS was introduced to their stores, workers can spend as much time with a particular customer. After the installation of the system, just like in the example that was given on the Wall Street Journal (Sept. 10, 2008), Nyla Houser, 59, even as a part-time employee was able to work for almost 30
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This saved consumers globally up to $60 billion. Many bio-fuels use food crops such as corn as inputs to the extraction and production of bio-fuels (Vidal n.d.). There has been a considerable rise in the demand for food crops such as corn. Such is because previously, almost all of the corn was consumed for food purposes but now the demand for bio-fuel has added to this demand resulting in an increase in higher overall demand for corn.
Microeconomics is therefore the study of how firms, individual, and households allocate the resources at their disposal to satisfy their limitless and recurrent need. Since resources are limited, it is important for the consumers to rank their demands and wants in the order of preferences.
Recommendations would be given on making Wal-Mart more competitive, borrowing from various sources. Introduction to the Organization Wal-Mart is an American global retail corporation founded in 1962 by Sam Walton and incorporated in 1969. Branded as Walmart, it has its headquarters in Bentonville, Arkansas and publicly trades at the New York Stock Exchange.
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Consequently most governments have had to re-think their security strategies and allocate special budgets to counter this potent threat of terrorism. Unfortunately, unlike in a conventional war where enemies were known, terrorism has brought conflicts to our very own neighbourhood, and made each and every citizen a potent soldier, victim or even aggressor to challenge, identify, report or fight any indication of a terrorist plot.
According to the report decisions and strategies should fit in with the environmental conditions and some factors should be modified to suit the organisational needs. Companies operating within today’s globalised economy are affected by a wider and more turbulent globalised macro environment and therefore pose greater managerial challenges.
Individual consumer’s focuses on maximizing their utility subject to their budget line (MagrabI, 1991). On the other hand, producer’s aims at maximizing their profits subject to their production Isoquants (Mceachern,
This is because; this gardener does not take into account the opportunity costs with the intention of going into growing the produce. She also requires taking into account her time spent in that garden even though she is not being paid a wage (Sobel,
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