9.2 Product Life Cycle
I Believe that the culture aspects will have the largest effect on the speed that the product goes through the growth stages. One of the largest cultural/traditional factors is that venison is not currently a widely consumed meat, as beef has been their traditionally consumed meat. When considering the economic aspects of Argentina, the high value of the products might cause the spared to be slightly slower than other country’s. However, it is understood that there is sufficient upper to middle class to drive demand and have a reasonable speed of spared. The predicted speed of spread is that introduction will happen at a moderate speed and then growth will steady, once the products comes into maturity it is believed …show more content…
The managers will be paid the most because of the responsibility that they carry. The employees and managers that are directly working with the Argentina partner will be paid more. This is because of the added difficulty of the cultural factors and the travel involved in meeting and working with the local partner. The likely compensation for the partner will be based on the performance they achieve. Therefore, a likely possibly will be to compensate the partner with a percentage of sales. This gives the partner better motivation, as the more sales they achieve, the more compensation they …show more content…
By making the work place an environment where employees actually want to and look forward to working each day is one of the ways. This involves making the work place as safe and friendly as possible, keeping conflict to a minimum and having events where employees can socialise with one another outside of the normal working conditions. If staff resign, exit interviews will be undertaken by Cervena. The role of this is to determine the reason why the employee resigned. This information will provide insight into the organisation. If the employee resigned because of the way the operation runs, this information can be used to identify the problems that need to be fixed, therefor help to reduce the turnover of staff in the future.
8.6 The Action Plan
• The staff should be chosen on experience, qualifications and knowledge.
• The staff should be trained to understand the cultural and language differences of Argentina.
• Performance should be based on results and meeting targets.
• Compensations should be based on responsibility and the challenges faced.
8.9 Continuous Improvement
• The most important concepts, were finding out what training and development is needed for the
I Believe that the culture aspects will have the largest effect on the speed that the product goes through the growth stages. One of the largest cultural/traditional factors is that venison is not currently a widely consumed meat, as beef has been their traditionally consumed meat. When considering the economic aspects of Argentina, the high value of the products might cause the spared to be slightly slower than other country’s. However, it is understood that there is sufficient upper to middle class to drive demand and have a reasonable speed of spared. The predicted speed of spread is that introduction will happen at a moderate speed and then growth will steady, once the products comes into maturity it is believed …show more content…
The managers will be paid the most because of the responsibility that they carry. The employees and managers that are directly working with the Argentina partner will be paid more. This is because of the added difficulty of the cultural factors and the travel involved in meeting and working with the local partner. The likely compensation for the partner will be based on the performance they achieve. Therefore, a likely possibly will be to compensate the partner with a percentage of sales. This gives the partner better motivation, as the more sales they achieve, the more compensation they …show more content…
By making the work place an environment where employees actually want to and look forward to working each day is one of the ways. This involves making the work place as safe and friendly as possible, keeping conflict to a minimum and having events where employees can socialise with one another outside of the normal working conditions. If staff resign, exit interviews will be undertaken by Cervena. The role of this is to determine the reason why the employee resigned. This information will provide insight into the organisation. If the employee resigned because of the way the operation runs, this information can be used to identify the problems that need to be fixed, therefor help to reduce the turnover of staff in the future.
8.6 The Action Plan
• The staff should be chosen on experience, qualifications and knowledge.
• The staff should be trained to understand the cultural and language differences of Argentina.
• Performance should be based on results and meeting targets.
• Compensations should be based on responsibility and the challenges faced.
8.9 Continuous Improvement
• The most important concepts, were finding out what training and development is needed for the