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Essay

RKO Time Warner

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Issue:

Business

 

Written by:

Julia C

 

Date added:

September 29, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

10 / 2547

 

Was viewed:

2944 times

 

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Essay content:

We feel that the proposed incentive plan differentiates good managers from bad managers. The plan provides incentives to improve the current performance of the stores. The plan also serves to attract and keep quality employees for the future growth of RKO Warner Video. We propose a mixture of a subjective plan based on day-to-day responsibilities such as alphabetizing the racks, store cleanliness, opening on time, etc with an objective plan based on total revenues generated...
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This mixture ensures that managers are doing what needs to be done to take advantage of what management sees as RKO Warner Video's competitive advantage in service and selection, while at the same time allows talented managers to be creative and try to increase total revenues. We propose a subjective plan where District Managers set objective goals and also subjectively evaluate their district stores along with others to arrive at a base bonus...
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