subject
Business, 27.06.2020 20:01 kennedy6010

Jenifer Keith, are recent graduate in management sciences from a well reputed university, has joined Nishat Textiles Mills Limited as a management trainee. She has been attached Muhammad Abyaan who is company’s human resources manager. Nishat Textile Mills Ltd has a paid up share capital of Rs. 850 million and equity of Rs 1,244 million. Its long term loans are about 50% of its equity. It. Employs 480 employees. Its principal business is manufacturing of yarn and weaving denim cloth for local and export sales. The company is fairly successful. The company has five principal departments, each headed by a Manager. All the manager carry the same job grade and pay scale, though their annual bonuses generally differ, based on the performance of the irrespective departments. The Production Department, that has the largest number of employees, is based at the factory located outside Lahore. All other departments are based at head office located at MM Alam Road, Lahore. Human Resource Department has 12 employees. Finance Department looks after: financial and company secretarial functions and has 21 employees. Supply Chain Department that over sees procurement of cotton and other supplies as well as · shipment of finished goods to local and export clients has 16 employees. Marketing Department has only 7 employees. Mr Muhammad Abyaan who holds a basic degree in history and English with over two decades of industrial relations experience is not convinced that the job grade (and attend any pay scale) assigned to the various managers in the company are wholly justified. He asks Jenifer Keith to conduct a formal survey on the relative importance of the job contents and contribution to company's overall profitability mad by the different managers of the company. He gallantly offered himself as the first candidate to be interviewed or quizzed in this regard. A memo was sent to all managers to cooperate fully with the new management trainee who, it was formally claimed, was simply putting together material for preparing an induction manual for all new employees. Jenifer Keith was a advised by Mr Abyaan to interview all the heads of departments in the company ,for example finance manager, marketing manager, production manager, supply chain manager, company secretary and of course the HR manager and quiz the month the following: Their role in company's policy making. What they consider to be their main functions. How do they carry out their functions?How is their "average day in the office" spent?The importance of their work to the overall profitability of the company. After collecting the above data and analyzing it, she was to prepare two lists or charts. The first list was to enumerate what appears to be common between the job contents and operational activities of the various managers, with a brief narrative on the relevance of these activities to the overall efficiency of theThe second list should give brief details of the specific tasks which are performed by one manager but not the other managers in the Her final report should give her comments on the validity of the current system of treating all managers as equal in terms of job grade and pay scale. Jenifer Keith has herself majored in corporate finance and has an obvious inclination towards that function. However, she was determined that she will not let this fact stand in the way of preparing an honest and unbiased report. You are required to assist Jenifer Keith: 1.Preparing a list of questions to be asked of the different managers. 2.Analyzing the completed questionnaires. 3.Preparing the two lists (as enumerated above). 4.Drafting her report, giving a summary of her findings in a manner that would serve the basic purpose of the exercise, namely to find a justifiable and realistic basis of assigning job grades and pay scales to the different managers in the company. Gives Suitable Title to this Case Study.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:10
The textbook defines ethics as “the principles of conduct governing an individual or a group,” and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the company’s ethical systems as it is in its safety systems, and how would you defend your conclusion?
Answers: 2
question
Business, 22.06.2019 15:10
On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.
Answers: 2
question
Business, 22.06.2019 16:50
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
question
Business, 22.06.2019 17:30
According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%
Answers: 1
You know the right answer?
Jenifer Keith, are recent graduate in management sciences from a well reputed university, has joined...
Questions
question
Biology, 15.11.2019 18:31
question
Mathematics, 15.11.2019 18:31
question
Mathematics, 15.11.2019 18:31
question
Mathematics, 15.11.2019 18:31
question
Mathematics, 15.11.2019 18:31