Profit Incentive Plan Name Institution Affiliated         The Profit Sharing Incentive Plan Incentive plans are the methods that employees of a particular organization are kept in motivation for work done. They are given the incentives upon achievement of the organization’s goals. The profit-sharing incentive plan is based on awarding employees a given percentage of the company’s profits. This incentive works in a way when the company has a contribution of its pre-tax earnings to a pool which will be distributed to employees (Hambly et al., 2019). The profit-sharing plan has got weaknesses, strengths, opportunities and threats. The advantages include an increase in the employee’s loyalty; acknowledgements on the work importance your employees do by giving out a tangible benefit may increase their commitment to your organization and the job satisfaction levels. Also, the profit-sharing incentive lowers recruitments and salary costs. Addition of this plan to one’s employees helps his/her organization have an improvement in the retention of its employees, saving cash on both recruitment and training. The third pro is that it improves productivity and efficiency; sharing…

Netflix is one of the best internet entertainment services company.  It delivers its online streaming services in more than 190 countries.  Netflix has grown tremendously over the years having approximately 137.1 million subscribers worldwide. Netflix’s strategy in 2018  promised their customers stellar service, their suppliers a treasured partner, to their investors the predictions of unrelenting profitable growth, and to the employees the appeal of significant impact.  It also declared its mission of becoming the best worldwide entertainment distribution service.   Netflix has a justifiable competitive advantage owing that it has a momentous lead in over the top device dissemination. Netflix enjoys an unmatched portfolio of subscription-based digital content rights. It not only possesses the best in class technology structure but also boasts of an iconic brand in streaming video.  Netflix has also introduced accessible subscription programs which are simpler and cheaper than what is available in the market. Netflix is accountable for enormous changes in consumer viewing patterns and has almost single-handedly changed the way we experience media forever.   However, the internet entertainment landscape has grown highly competitive and…

Corporate Governance Define corporate governance and explain why it is used to monitor and control managers’ strategic decisions Corporate governance is the system of rules, structures, and processes that determines how a company is guided and controlled. Mechanisms are set to manage the relationships among the owners and the performance of the company. The board of directors is responsible for developing strategies that will ensure that needs of stakeholders are met. Good real examples are the responsibilities of stakeholders such as investors, managers, and auditors and how they will be fulfilled. Discuss the use of corporate governance in international settings, especially in German, Japan, and China. Corporate governance is often used to regulate capital that is spent by the company either to reinvest into its business. This capital comes from profits and investors therefore stakeholders are supposed to make capital decisions. The board of managers sets a capital budget that is overall for individual organizations, then it is approved by a certain value of spending. This allows the stakeholders to get projects finished at the right time and how much…

Policy Protocol in Healthcare A protocol is a medical guideline, which includes a set of instructions that shows the process to be followed to investigate the patient’s problem to reduce discomfort. In a clinical setting, a protocol includes the procedures which a clinician must follow to help in diagnosing and treating the patient. A standard of care delivery is the process of extending the healthcare services to the patients based on the rules and regulations. It involves reasonably providing skilled healthcare services to the patients by qualified professional care providers to avert medical malpractices in the healthcare sector. Hence, the standard of care delivery involves the use of protocols to deliver healthcare services to people (Bein et al., 2016). The federal and state agencies have the responsibility of establishing guidelines for the healthcare industry.  The state-level implements the guidelines of the federal standards at the state level while the federal level formulates policies that regulate the provision of healthcare services in the whole country. Patients receive care from the healthcare providers as clients of the payers. Their primary concern in…

A Guide to Nursing Homework Help Have you been looking for the best homework help websites for nursing students? We are sure it’s not an easy task to land one, so you should be smiling now. At Custom Writing Bee, we believe in building a strong relationship with our students by assisting them achieve the top grades they so deserve with minimal hiccups. We pride in our highly skilled professionals, especially in the nursing niche, who have gone through the same syllabus you are doing and excelled pretty well. As we all know, curriculums often vary from one college to another. That’s why students out there are disappointed because they request for nursing homework help from people who went through a different curriculum. Quite embarrassing, right? So, the fact that someone holds a nursing degree doesn’t make them qualified to handle every other nursing assignment, NO. You need to be extra vigilant with whoever you are assigning your work, because it can either be a make or a break. And, of course, you deserve the former, right? Now, things are…

Pay Structure The Human Resource Manager These are individuals whose primary responsibilities include hiring, developing, and taking care of the employees. The various functions contained are training and performance monitoring. Some of the give out assistance on finance and study leave to help employees gain an approved CIPD qualification. Their primary duties include planning and coordinating an organization’s workforce to have the best employee’s talents use. Also, they tend to develop a link between the management of the organization and its employees. Serve as consultants when it comes to advising other managers on issues concerning human resource, oversees the recruitments, interviews, selection and hiring processes in the organization and handle problems that are experienced by the staff(Johnstone,2016). All organizations always want to attract, motivate, and keep employees that are qualified, and they have a match on the jobs they are well suited.HR managers have an accomplishment in this as they tend to direct human resource functions.Their work revolves around the employee’s well-being as they oversee their relations, secure regulatory compliance, and administer payrolls, training, and much more. They ensure work…

PAUL HERDSMAN’S SUCCESS TIPS FOR ENTREPRENEURS   Many of you dream of starting your own company someday and become your boss. Few things set apart those who become successful and those who fail, and according to Paul Herdsman, here are some incredible tips to becoming a successful entrepreneur.   Take risks For you to successfully launch your business, there are some risks that you must be willing to face. Risks are ideal to ascertain whether your business is bound to succeed or not. With entrepreneurship comes many risks, and it is vital to assemble reliable information and evaluate the risks in detail before starting your entrepreneurial journey.   Be visionary A good entrepreneur is the one who lays a good foundation for his business. Begin by having a clear illustration of how your business will look in the next decade. As you meditate about your vision, you may ask yourself about your goals and what are the likely obstacles that will deter you from accomplishing your goals. Keep on reflecting on your vision and what made you start the business.…

Reflection: The way we live Now-Reflection on Covid 19 by Mohamed The COVID-19 pandemic has been unprecedented, causing significant havoc upon society. The negative effect of COVID-19 transcends the morbidity burden which it has caused upon society. In the spirit of social distancing, people could not interact with one another as they did previously or as they would wish. They fail to have impeccable contact with their family members, and friends, therefore, they feel they cut out from the rest of the world (Alemanno 189). The change has also been drastic, and people are still getting used to the new norm. It is becoming even more challenging for people to acknowledge that this might be the new situation which they would need to deal with for long (Schlangen). As people continue to expect the best in the future, they still have to contend with the discomfort which the pandemic has caused. The new trend of social distancing to limit infection rates is also associated with its share of challenges. Being a senior, it is the right moment to interact with…

Demand and supply calculations The data in Table 5.3 is provided in the Excel file MBA730_New Use this data to replicate the results in Table 5.4. Report your results and note any discrepancies with the text. Solution From the computation and analysis output, we have six independent variables that were used in forming the multiple regression model. These variables include; price(P), Advertising(A), Competitor price(PX), Income(Y), Population(Pop) and Time(T). The six variables had coefficient as follows -122.607,5.838,29.867,2.043,0.030,2.15 respectively. The coefficient of determination=R2=87.1% with the corrected coefficient of the determination being R2=85.2%. The F-statistic was 45.16 with the standard error of estimate being 65.584.     Now use the data from Table 5.3 to estimate a multiplicative demand function for Mrs. Smyth’s frozen fruit pies. Report your parameter estimates and regression statistics for the multiplicative model. Describe the statistical significance of each of the independent variables included in Mrs. Smyth’s demand equation. Interpret the coefficient of determination and F statistic for the multiplicative model. Solution Price-decreased costs regularly lead to reduced production, and increases in production normally result in a bigger supply.…

A Beginner’s Guide to Navigating Web Conferences   With the best business phone system, it is possible to hold a remote event with hundreds of attendees. But where do you start with such an event? Such a huge event requires as much planning as needed with any other event.  This way, you can hold an event to incorporate thousands of attendees from more than a hundred countries. Below are tips to help you out:   Choose the Right Phone System   Today, phone systems are no longer used to just make and receive calls. These systems help you make conference calls, video conferencing, instant messaging, text messaging, and faxing. If you can get a free conference call service, that would be great. Ensure the system offers high audio quality, crystal clear videos, it is easy to use, and the company offers great customer support. Whether free or paid, these factors are the bare minimum that a service should meet. Before the web conference, you need to test the systems to ensure that they are running perfectly before the web conference…