Wednesday, October 23, 2019
Human Resource Management and Industrial Relations Department
An efficient work force is important to the overall success of any organization and this also has implications for the overall success of a countryââ¬â¢s economy.Not only do organizations require adequate numbers of workers to fill essential positions, these workers need to be highly productive so that the organization makes optimal use of the capital it invests in labour. It is evident therefore that the overall productivity of the workforce will go a far way in determining the eventual viability of the organization.Analysts have tended to link worker productivity with increased living standards, arguing that increased efficiency leads to increased remuneration which therefore improves individual as well as national living standards (Monthly Labour Review, 2007).The counter to this position is that employees who are producing below a certain minimum standard may affect the productivity of the entire organization, so much so, that organizational productivity decreases over time.In these days of harsh competition, organizations cannot afford to make such grave mistakes when it comes to recruiting new staff members. All current, new and aspiring employees must have in mind the vision and goal of the company and work towards their accomplishment in the most efficient way possible.Seeing the importance of a productive workforce in determining organizational success, it is evident that organizations have to adopt appropriate strategies to attract the best employees to fill all positions within the organization.While it is difficult to predict, at the initial stages, the level at which a potential employee will produce, it is essential that organizations ensure that mechanisms are put in place which ensure that the recruitment and selection process results in the hiring of employees that will contribute to the overall productivity of the firm by bringing to the job high productivity.Recruitment and selection of employees to a firm cannot be a light matter but must be dealt with by individuals who are themselves highly productive and committed to the overall vision and goals of the organization.Recruitment and selection are functions over which the human resource manager has universal control. It is this category of employees in an organization who are closely conversant with the overall goals of the organization and who are in the best position to decide on appropriate candidates for employment.Management is a process of effectively taking advantage of manpower, materials and resources as well as financial power, to realize the aims of an organization. Since the 1990s the science of management control has witnessed significant changes at both the governmental and organizational levels.The society seems now to be evolving from one that has traditionally been hierarchical to one that features plural management. Nowadays various managers function within a single organization to carry out certain specific functions, decentralizing control.Manage ment science as a field of enquiry developed within large corporations. In the western world the management control literature was piloted at the beginning of the 19th century by theorists such as Taylor and Fayol among others (see Taylor, 1911).In this early era control was seen as an essential aspect and function of management. Control primarily involved the management control of activities, cash flows, people, organizational units and managers. However, as time progressed, the concept of Human Resource Management emerged as an improvement on previous management control models.The HR department is the locus through which the organization is able to meet and sustain its employment needs. Continued and improved worker productivity is therefore one of the primary objectives of the HR department.This department needs to be aware of the organizationââ¬â¢s employment strategy, in order to assist by looking for the right talents to help this strategy. It is becoming increasingly clear that the job market is much like the market for goods and services. Employee recruitment has therefore become a mechanism whereby potential employees market their capabilities on the one hand and businesses attempt to recruit the best workers in the particular field (Breaugh, 1992).At the same time, it is of outmost importance that the Human Resources are managed in the most effective way possible in order to achieve the final goal of management control.HR management, through processes such as recruitment and selection provides aspects that link its activities with the strategy of the business itself (McKenna & Beech, 1995). Recruitment and selection therefore represents the first step in the management control processes. Although successful recruitment and selection are not hereby means towards achieving successful management control, there must be a good recruitment and selection system in place to contribute towards this end.This dissertation will attempt to address the twin iss ue of recruitment and selection. Taking the form of a Case Study, this paper will explore and discuss the various methods and procedures of recruitment and selection being used in a specific company ââ¬â the Yintao Golf Club Co., Ltd. located in China.Aspects pertinent to recruitment and selection, including job descriptions and interviewing practices will be examined in this case study. By examining a single, Chinese company, the researcher will be able to broaden understanding of the Chinese characteristics of HR management. The researcher will attempt therefore to produce an understanding of the nature of Chinese management control at a miniscule level.
Tuesday, October 22, 2019
Usha Martin Company
Usha Martin Company Introduction Founded in 1961, the Usha Martin Company has expanded its portfolio, product line, and physical structure outside India. The company has remained one of the most successful steel wire rope product manufacturers.Advertising We will write a custom report sample on Usha Martin Company specifically for you for only $16.05 $11/page Learn More The companyââ¬â¢s current dilemma is how to maintain and improve the past business performance through strategic decision science within its current and future growth plans. During its six decades of operations, the company has exercised such business strategies as internationalization and vertical integration. Thus, this analytical treatise will attempt to explicitly review and evaluate the benefits and risks of Usha Martinââ¬â¢s vertical integration strategy and internationalization strategy. Besides, the paper will present a five-year strategic plan for Usha Martin to ensure growth and success in the lo ng term. Discussion Vertical integration strategy: Benefits and risks Vertical integration, as a management style, involves integration of the supply chain to accommodate the different products that a company deals in. The Usha Martin Company boasts of a strong vertical integration in its industrial organization. From a single location, the company controls its designing, cutting, manufacturing, distribution and marketing process for its steel wire pipe product in India. The production segments such as raw material acquisition, power plant operation and coal mining, actual production, and distribution are segmented and disfranchised within a systematic control system that monitors production progress.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Benefits Reflectively, the vertical integration strategy has shielded the company from market swings, which create fluctuations in th e supply chain in terms of input availability and price. As earlier predicted by Mr. B.K Jhawar, the chairman of the Usha Martin Company, the vertical integration strategy enabled the company to save more than one billion Indian rupees. Besides, the company has been in a position to have full control of the quality of inputs used in manufacturing the steel wire pipes. Since the company operates and fully owns its sub production branches, it has been able to benefit from the aspect of cost competitiveness in production and the final price of the products. The topological structure of the Usha Martin Company consists of communication and operations management systems, which help in determining efficient performance and optimal resource use. As confirmed by Mr. B.K Jhawar, the company stresses on quality products, customer satisfaction, and cost effective production within accepted standards at the forefront. The vertical integration process has allowed the Usha Martin Company to produ ce, design, sell, and distribute its products globally within a short time span. This is possible due to internalization of a direct and complete control of the distribution and production process for its steel wire pipe brands. Basically, the vertical integration process at the Usha Martin Company includes the aspects of cost, dependability, speed, quality, and flexibility. These variables determine success or failure in business. These variables are achievable through value delivery, value addition, and creativity within a single production chain.Advertising We will write a custom report sample on Usha Martin Company specifically for you for only $16.05 $11/page Learn More Reflectively, these concepts are techniques and tools, that are essential in the art of integrating the production and distribution processes. Besides, this process is inclusive of the scientific aspects, such as a technical process of understanding the operations involved in operations management, their application, and evaluation criteria. Risks The major part of the success puzzle for the integrated management operates on the periphery of the soft skills that involve the timeless vision of organizational principles, defining value of the business, determining requirements, clarifying the vision, building teams, mitigating task, resolving issues, and providing direction as incorporated in the vertical integration process at the Usha Martin Company. However, the vertical integration strategy may prove to be challenging when one of the above soft skills is not balanced. Besides, the strategy is costly to implement and manage. Since the Usha Martin Company operates in the sensitive manufacturing industry, its vertical integration strategy within the production department may become obsolescent as production technologies change frequently. Thus, a possible change in the production process for the steel wire pipe product may force the Usha Martin Company to invest in the new technology to remain competitive even if it is very expensive. Keeping up with any changes in technology would translate into additional costs to match the integrated process with the new technology.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This might hurt the profitability and business sustainability in the long run. Besides, the company may become a victim of disregarding the potential loss within the streams of existing income and eventually forget the initial specialization focus. Internationalization strategy: Benefits and risks Internationalization is vital in business management and operations, especially when a company intends to localize production tools such as labor, distribution, and culture in the market of operation. At its inception, the Usha Martin Company concentrated on the local market of India. The company has experienced growth in the last sixty years and has substantially expanded its markets beyond the traditional domestic market of India. The Usha Martin Company has successfully implemented its internalization strategy by penetrating and establishing sub branches in more than four countries. The company has active sub branches in the UK, Netherlands, Brunton, Singapore, Canada, Australia, Vietna m, and Indonesia. Benefits The company has adopted the strategies of product proliferation and product development to not only achieve the goal of internationalization, but also to maintain its competitiveness in the international steel wire pipes market. Reflectively, product proliferation is a strategy that companies adopt to create opaque barriers for their competitors. Through this approach, the market share leader will automatically have the discretion to reap maximum benefits ahead of its closest competitors. For instance, the internalization strategy has ensured that the Usha Martin Company has a market share for steel wire pipes within international markets such as the UK, Netherlands, Brunton, Singapore, Canada, Australia, Vietnam, and Indonesia. Product development entails the innovation process aimed at modeling the existing product or improving on it to balance with the changing preferences of the customers. The company is associated with new innovations and attractive d esigns that appeal to their customers across the world. For instance, a steel wire pipe produced in the international branches is customized to meet the demands of foreign customers. This strategy guarantees increase in the market share for the companies in the UK, Netherlands, Brunton, Singapore, Canada, Australia, Vietnam, and Indonesia. Risks When operating leverage, fixed and variable costs of labor should be separated from each other as outsourcing. When implementing the internalization strategy, outsourcing tends to change balance of this ratio. In addition, in contracting an outside source as a factor of production, there is a need to improve quality of duty for which such a job is required. This is possible when contract is constituted within acceptable levels of service agreement duly signed. Thus, the company is exposed to market dynamics such as labor laws, cost of production, and product prices within the foreign branches. Five-year strategic plan Essentially, the succes s of product management depends on a proper alignment of a functional idea with the creation of flexible, involuntary, and quantifiable measurement of perception by the target audience. Reflectively, this idea should have essential elements that can easily sway the mind, either positively or negatively. Knowing how to improve quality is crucial for the growth of a business. In fact, consumers normally go for products that perform best. Besides, quality improvement will serve the organizationââ¬â¢s needs to improve on performance, durability, maintain economic viability, maintain visual and aesthetic appeal, maintain superiority in service delivery, and maintain good reputation due to quality assurance. Thus, quality improvement deployment and organizational change action plans present an a strategy that would facilitate the business gain in the long term operations through value and quality improvement in the global manufacturing industry. This is summarized in the strategic plan table below. Strategic Plan Therefore, the company should consider cross franchising in the business policies aimed at expanding and improving its position, without having to incur much cost. Cross platform franchising will enable the company to gain a strategic competitive advantage in a number of ways. Further, it will give a company the possibility to reduce the risk of market flop that results from the failure to carry out adequate market research. Conclusion The main activities in the control matrix of strategic management is the input and output tracking for the case of the Usha Martin Company. The activities are influenced by environmental, internal, and external factors in the business management strategy. Reflectively, the process should include organization charts, status reports, process map, compliance requirements, review structure, activities, dates, and resources employed within a specified period of time through benchmarking. The benchmarking initiative will involv e streamlining control activities to ensure efficiency via a proactive quality mitigation channel that reports progress of the intended quality improvement system.
Monday, October 21, 2019
SUPPRESSION OF THE ENGLISH MONASTERIES DURING THE Essays
SUPPRESSION OF THE ENGLISH MONASTERIES DURING THE Essays SUPPRESSION OF THE ENGLISH MONASTERIES DURING THE REIGN OF KING HENRY THE EIGHTH An Essay Submitted to the Department of History of the University of Notre Dame in Partial Fulfillment of the Requirements for the Degree of Bachelor of Arts by Guy Fairweather - Director Department of History University of Notre Dame May 11, 1974 TABLE OF CONTENTS Chapter 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Chapter 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Chapter 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 Chapter 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Chapter 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 Chapter 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 Chapter 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 Chapter 1 INTRODUCTION TO IMPORTANT PERSONAGES AND PREVALENT SOCIAL CONDITIONS IN THE 1520's AND 1530's In the years 1536 and 1539 A. D. there occurred two events in England that were destined to alter its whole religious character. In these two years the King of England, Henry VIII, forced through the English Parliament two acts that sealed the fate of the Catholic Church in England. They were the "Act for the Dissolution of the Smaller Monasteries" and the "Act for the Dissolution of the Greater Monasteries", respectively. In this paper I will explore the events and the reasons behind these events, which led to this complete and total break with a religion that had been embraced by England for centuries. Naturally, the most important of the people involved in these suppressions was King Henry VIII for it was during his reign that the monasteries were suppressed. When Henry's father died in 1509 Henry ascended a throne which his father had made remarkably secure, he inherited a fortune which probably no English king had ever been bequeathed, he came to a kingdom which was the best governed and most obedient in Christendom. 1 Upon taking the throne Henry married his brother's
Sunday, October 20, 2019
The Sarcophagus of Pakal
The Sarcophagus of Pakal In 683 A.D., Pakal, the great King of Palenque who had ruled for almost seventy years, died. Pakals time had been one of great prosperity for his people, who honored him by entombing his body inside the Temple of the Inscriptions, a pyramid that Pakal himself had ordered built specifically to serve as his tomb. Pakal was buried in jade finery including a beautiful death mask, and placed over Pakals tomb was a massive sarcophagus stone, laboriously carved with an image of Pakal himself being reborn as a god. Pakals sarcophagus and its stone top are among the great all-time finds of archaeology. Discovery of Pakals Tomb The Maya city of Palenque had risen to greatness in the seventh century A.D. only to mysteriously go into decline. By 900 A.D. or so the once-mighty city was largely abandoned and the local vegetation began to reclaim the ruins.à In 1949, Mexican archaeologist Alberto Ruz Lhuillier began an investigation at the ruined Maya city, specifically at the Temple of the Inscriptions, one of the more imposing structures in the city. He found a stairway leading deep into the temple and followed it, carefully breaking down walls and removing rocks and debris as he did so. By 1952 he had reached the end of the passageway and found a magnificent tomb, which had been sealed off for more than a thousand years. There are many treasures and important works of art in Pakals tomb, but perhaps the most striking was the massive carved stone which covered Pakals body. The Great Sarcophagus Lid of Pakal Pakals sarcophagus lid is made of single stone. It is rectangular in shape, measuring between 245 and 290 millimeters (roughly 9-11.5 inches) thick in different places. It is 2.2 meters wide by 3.6 meters long (about 7 feet by 12 feet). The massive stone weighs seven tons. There are carvings on the top and sides. The massive stone would never have fit down the stairways from the top of the Temple of the Inscriptions; Pakals tomb was sealed first and then the temple was built around it. When Ruz Lhuillier discovered the tomb, he and his men painstakingly lifted it with four jacks, raising it a little bit at a time while putting small pieces of wood in the gaps to hold it in place. The tomb remained open until late 2010 when the massive lid was painstakingly lowered once again, covering Pakals remains, which had been returned to his tomb in 2009. The carved edges of the sarcophagus lid narrate events from the life of Pakal and those of his royal forebears. The southern side records the date of his birth and the date of his death. The other sides mention several other lords of Palenque and the dates of their deaths. The northern side shows Pakals parents, along with the dates of their deaths. The Sides of the Sarcophagus On the sides and ends of the sarcophagus itself, there are eight fascinating carvings of Pakals ancestors being reborn as trees: this shows that the spirits of departed ancestors continue to nourish their descendants. The depictions of Pakals ancestors and former rulers of Palenque include: Two images of Pakals father, Kan Mo Hix, being reborn as a nance tree.Two images of Pakals mother, Sak Kuk, being reborn as a cacao tree.Pakals great-grandmother, Yohl Iknal, is shown twice, reborn as a zapote tree and an avocado tree.Janahb Pakal I, Pakals grandfather, reborn as a guava treeKan Bahlam I (ruler of Palenque 572-583), reborn as a zapote tree.Kan Joy Chitam I (ruler of Palenque ca. 529-565 A.D.), reborn as an avocado tree.Ahkal Mo Nahb I (ruler of Palenque ca. 501-524 A.D.), reborn as a guava tree. The Top of the Sarcophagus Lid The magnificent artistic carving on the top of the sarcophagus lid is one of the masterpieces of Maya art. It depicts Pakal being reborn. Pakal is on his back, wearing his jewels, headdress, and skirt. Pakal is shown in the center of the cosmos, being reborn into eternal life. He has become one with the god Unen-Kawill, who was associated with maize, fertility, and abundance. He is emerging from a maize seed held by the so-called Earth Monster whose enormous teeth are clearly shown. Pakal is emerging along with the cosmic tree, visible behind him. The tree will carry him to the sky, where the god Itzamnaaj, the Sky Dragon, is awaiting him in the form of a bird and two serpent heads on either side. Importance of Pakals Sarcophagus Pakals Sarcophagus lid is a priceless piece of Maya art and one of the most important archaeological finds of all time. The glyphs on the lid have helped mayanist scholars pinpoint dates, events and familial relationships over a thousand years old. The central image of Pakal being reborn as a god is one of the classic icons of Maya art and has been crucial to understanding how the ancient Maya viewed death and rebirth. It should be noted that other interpretations of Pakals headstone exist. The most notable one, perhaps, is the notion that when viewed from the side (with Pakal roughly upright and facing to the left) it can appear as if he is operating the machinery of some sort. This has led to the Maya Astronaut theory which states that the figure is not necessarily Pakal, but rather a Maya astronaut piloting a spaceship. As entertaining as this theory may be, it has been thoroughly debunked by those historians who have deigned to justify it with any consideration in the first place.à Sources Bernal Romero, Guillermo. Kinich Jahahb Pakal (Resplandente Escudo Ave-Janahb) (603-683 d.C) Arqueologà a Mexicana XIX-110 (July-August 2011) 40-45. Guenter, Stanley. The Tomb of Kââ¬â¢inich Janaab Pakal: The Temple of the Inscriptions at Palenque Lapida de Pakal, Palenque, Chiapas. Arqueologia Mexicana Edicion Especial 44 (June 2012), 72. Matos Moctezuma, Eduardo. Grandes Hallazgos de la Arqueologà a: De la Muerte a la Inmortalidad. Mexico: Tiempo de Memoria Tus Quets, 2013. Schele, Linda, and David Freidel. A Forest of Kings: The Untold Story of the Ancient Maya. New York: William Morrow and Company, 1990.
Saturday, October 19, 2019
Assignment 8 Essay Example | Topics and Well Written Essays - 500 words - 2
Assignment 8 - Essay Example standards of effectiveness for the person being supervised in terms of quality assurance and maintenance of functions as well as improving the competencies of the persons being supervised no matter how proficient they may be. Supervision also enhances collaborative effort to improve learning, which eventually helps in the attaining the goals of those being supervised. Without the supervision and the monitoring of efforts to improve the learning atmosphere, the supervisory responsibilities have increasingly encompassed other tasks, which are not usually within the arm bit of supervision. The question then is how one can he be an effective supervisor and deliver the desirable results of supervision. In order to understand how effective supervision should be, it is important to note that there are a variety of trends in the field of supervision, which influence one another (Eley and Murray, 2009). In order to be an effective supervisor, it is important to master your role as a front-line effective supervisor through strategies aimed at building success. The supervision style chosen by a person must endeavor to incorporate leadership skills in the supervision style chosen for the best results. It is important that effective supervision begins with the supervisor and how he is proficient in his role and the levels of the skills and this will require regular planning, acting, reflecting and reviewing of the supervision development progress. Effective supervision demands that the supervisor knows whomever he is supervising and how to motivate them for the best outcomes (Eley and Murray, 2009). This will require that the supervisor is aware of what drives the supervisees to achieve the desired results of an effective supervision strategy. The supervisor should educate and train by clearly defining his expectations, missions and the vision of the supervision that is to be carried out over the supervisees. Effective supervision will require that the supervisor builds a
Friday, October 18, 2019
Create a financial information system on pricing costing funding which Essay
Create a financial information system on pricing costing funding which is being implemented into the railway tickets and makes the prices dynamic - Essay Example was a technical support element to accomplish desktop data entry in the late 1990s has evolved into a strategic element for increasing the revenue through identifying new business development opportunities as well as providing efficient quality of service to the customers a company is serving. Public transportation in the UK serves more than 75% of the total commutersââ¬â¢ transportation in the UK as argued by Simon Taylor (2003)iii. Railways in the public transportation especially accounts for over 50% of the total market share in the public transport as identified by Simon Taylor (2003). This makes it clear that the rail transport market in the UK public transport industry not only forms an integral part of the public transportation but also contributes to the Gross Domestic Product. Alongside, the railway industry is also facing stiff competition from other forms of public transport like the road and air transport that is increasingly cost effective in the UK as argued by Simon Taylor (2003). From the aforementioned it is clear that the railway industry in the UK not only needs to address the competition through the effective use of information technology and managing the information for strategic advantage but also accomplish financial operational excellence ass argued by Helen Knight (2005)iv. The fact that the finance especially the billing and ticketing section of the railway industry is the gateway of income to the industryââ¬â¢s overall operations as argued by Helen Knight (2005) makes it clear that the efficient information management in the form of financial information management system is essential. In this report a critical analysis on the implementation of a Financial Information System in the Railway ticketing system from an information strategy perspective is presented to the reader. The essay presents a critical analysis on the macro and micro business environment for the railway business in the UK through PEST and SWOT Analyses respectively. This
Cookie jar accounting Coursework Example | Topics and Well Written Essays - 1750 words
Cookie jar accounting - Coursework Example This can occur as an intentional plan of management in order to increase sales revenue. The incentives as to why managers would resort to extreme earnings management technique such as Channel stuffing include, First is to increase earnings, in given instances, managers and sales personnel are paid commissions and bonuses based on the overall performance of the company and since extreme earnings management technique such as channel stuffing increases sales volumes thereby having a positive result in relation to sales (LAI, et, al. 2009). This increases their earnings. This technique also creates some sense that the performance of the company is well hence in some ways assist in attracting financial institutions and investors to continue investing in the company with a hope of better proceeds (LAI, et, al. 2009). Secondly, these techniques do help a company to have a competitive advantage over their rivals. This is achieved by making sure that jamming effect is achieved for instance co nstant premature shipment of products into the market (LAI, et, al. 2009). This will give their competitor hard time to sell their products due to so many goods being offered in the market through this technique. Therefore the second reason gives a clear picture of how an organization can benefit from this technique which shows a well organized team of management (BRIGHAM, et, al 2010). Sales maximization will be achieved through these techniques and hence issues related to forecast analysis will be able to be achieved by the company. Thirdly is that the given company will be able to enjoy large scale production of goods and services and also distribute large volumes of the companyââ¬â¢s product (BRIGHAM, et, al 2010). The effect of this is that the company will cut down their production costs that are fixed or variable because of the advantages associated with large scale production and hence higher returns (BRIGHAM, et, al 2010). This therefore helps managers in minimizing cost of production by producing and distributing large volumes of goods that results in low cost operations. The effect on this on the financial statement is that the company is guaranteed of good profits as will be reflected on the statements since the main objective of any business is to look for ways of reducing operational cost while maximizing profit (BRIGHAM, et, al 2010). The fourth reason is that the company may want to increase its proceeds from initial public offer. Most companies do raise their capital through initial public offer and so in order to gain the trust from the public, it has to indicate to the public that it is able to make high returns (LAI, et, al. 2009). This is because no investor would want to place its money in the company that will go down very soon. In order to gain such trust, the company has to be able to produce goods and services that can meet the demand in the market (LAI, et, al. 2009). Effectiveness of stuffing the channel from the stand point of a single year From the stand point of a single year, stuffing the channel seems effective because it is hard to detect and given that such can only be identified in the course of full disclosure, such as sales by product, segment, or area. Through careful analysis, the company will be able to reveal abnormal sales patterns. Nevertheless, it is not a guarantee for the company to provide full disclosure unless the auditor insists or as stipulated by (BHATTACHARYYA, H. 2004). à Incase of too much inventory, wholesalers can refuse to stock more inventory since they are not formally company employees. It is also difficult to keep these wholesalers from complaining to regulators. In order to avoid such complaints, the company can resort to
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