There should be some way of connecting pay to job performance. The best way of doing this would be to award bonuses to those workers who are at the top of their class. This would not only motivate workers to do a good job, but also reward the employees that do succeed. TOP EXECUTIVES DESERVE THE MONEY THAT THEY MAKE INTRODUCTION It is a well-known fact that many people holding high positions in companies make an exorbitant amount of money. Some, however, say that they do not deserve the amount that they are paid.
Big might be sometimes better, but companies, corporations and monopolies can get too big. “Some merged companies become so huge that they lose focus, gain overhead and increase their expenses dramatically. Ultimately they can be less innovative and competitive than before.” Big companies tend to care only for making money and devalue things such as the quality of the product they produce. “Smaller companies by contrast, can hold some clear advantages. They are leaner, more focused and nimble than giants and relatively speaking, the can be more profitable.” Smaller companies, I believe, are out to make a living and care for the consumer’s satisfaction more then just the money they will receive.
We gain on other people's loss and we call it profit. We don't think about the man or woman who can't feed his or her children. We think about what we have personally gained. If this is acceptable to the American people then it's most definitely profitable and acceptable to businesses. In this way, business ethics are failing miserably against what used to be the American standard of taking care of our own.
The consumer gets more miles per gallon with the Hybrid car. These cars can go 600 miles before having to refuel with gasoline which will decrease the amount of money that the consumer will have to pay for filling the gas tank. Also, these cars produce about 90 percent fewer smog-forming tailpipe emissions compared with the average new car, according to Dave Hermance, head of Environmental Engineering for Toyota. Purchasing these cars will also allow the consumer to receive a tax break of $1,500. The price of these cars are no... ... middle of paper ... ...ill increase and the manufacturers will have to increase production.
If that money had remained in the company, it would have been invested in company affairs and potentially provided even more profit, which could again be invested to further the company. When an employee or CEO or anyone in between starts taking money out of the company, it drains that cycle of business advancement. When the business no longer has that money, it cannot provide services and products as satisfactorily to its customers, eventually affecting not only the business itself, but the consumer society around it. What is more, if the business continues losing money, it may have to lay off employees, therefore negatively affecting those people as well. Also, in this instance as well as that of tax evasion, there are serious penal consequences if an individual is
This is why people arguing that the wage of workers overseas is too low are wrong. It is not too low. In fact, it is much higher than what they could earn. Corporations in America are doing the citizens of the overseas markets a huge favor. They are giving people jobs and dreams that were never thought possible.
However, large companies aren’t the only ones guilty of our sourcing. While they may do it on a large scale and take the most jobs away from us in the United States, small companies outsource jobs too. Gene Marks, a writer from Huffington po and a self-proclaimed “outsource-aholic” says, “Outsourcing is a quick high and a way to feel… profitable.” He owns a small business and uses outsourcing for a number of reasons. It may be no secret that sending jobs overseas ensues cheaper production than the goods in the United States, but why? Gene Marks, does it becaus... ... middle of paper ... ...m by taking away jobs from our communities it is supposed to help us in the long run.
The consumers don’t pay close enough attention to where the products are made. Therefore, consumers are spending extra money and are causing outsourcing to thrive. The lack of knowledge Americans have on the subject of consumers affecting outsourcing is leading our country to economic stress but if we begin to recognize the issue, the jobs we could potentially save may be our own. First, we will look at an example of how consumers inadvertently continue to assist companies with outsourcing. The problem consumers do not realize is that by paying for some name brand products, we are allowing outsourcing to take place.
For the example, if company outsources their information system or information technology to other company or person that more familiar in that work, the organization will save more money and time to hired a new employee in IT department. Besides that, not all new employee expert in information system or information technology. If the employee do something wrong with the system, the whole organization will down if the downtime took much time more than uptime. Company also can focus to market their product and focused on their main business. For the information system of the company, they will outsource their work to the expert to get more efficient system.... ... middle of paper ... ...to the competitor of the organisation, the organisation will loss the profit and can make the whole organisation going down.
The Downward Spiral of the United States Economy In the world to date, there seems to be an increase of world governments needing bailouts, and people of the world needing assistance from the United States. This idea has caused many Americans to come to the conclusion that if the United States closed off borders to foreign trade, it would increase it’s standard of living and make America more profitable. However, this idea is false. The United States must not close off it’s borders to foreign trade because if trade borders were to close, American manufacturing plants would begin to shut down, the American transportation system and public services would suffer resulting in American job loss. If the US closes off borders to foreign trade, manufacturing companies would feel a financial strain, causing potential job loss.