door Hunter Bozanin 11 maanden geleden
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No one seems to be in charge
Advice is offered only if asked
Gives little or no direction nor, motivation to teamwork or members
Supports teamwork
Leader has final say
Asks before tells
All members are involved
"It's my way or the highway"!
Not open to new ideas
Tells others what to do
One style typically becomes the domanaite one
Most leader us all three styles
Motivating People
Implementing plans
Providing direction
Assining unplesent job tasks
Reprimanding infront of others
Days off without pay
Negative penalties Include
These leaders act domineering and superior with people
Lieu time off
Raises bounses
Acknowledgment
Development oppratunities
Independance
Management's role is to determine why
If company fails to meet goals
Management's role is to duplicate it.
If the company meets it's goals (profit)
Profit is the ultimate measure of preformance
Ensuring company goals and objectoves are met.
Systems and procedures
Employees positions and responsabilities
Structure of the organization
Trends and changes in the business environmet
Begins with reaserch
Forecasting the future
Control debt
Save and invest
Budget and save
Earn money
Need to make good choices
Good planning
Good info
A slowdown (recession) in the economy results in layoffs, pay cuts/freezes.
If the economy is booming, "money is being made and jobs are plentiful.
How successful a business is will determaine what saleries they can afford to pay.
some types of businesses pay more then others.
Why do some jobs pay more than others?
Uniqueness of abilities: I.e being bilinugal, have a rare skill set or training.
Personal preformance: Employers don't want to lose good hard working employee's. Competent staff become valuable assets. The better you are, the greater possiablity of reciveing a higher salary.
Expierence: the more experiance you have, the more valuable you are because you won't take as long to be trained (which is costly time and money)
Education: the more education you have, the greater chances you will earn more money.
Union dues
Take off money to pay to pay for union dues automatically
Charitable doanations
Take off moey for charities, I.e, united way, M.A.D.D, ect.
Life insurance
Deduct money in order for you/your family to recive money when you pass away.
RRSP
Registered retierment savings plan is a government savings plan.
Savings plan
Take off money to put into a savings account (forces you to save)
Health plan
Take off money to pay for benifits such as, glasses, dental, drug plan, ect
Company pension plan
Take off money to put into a retirment plan (over 65) collect a work pension ( plus government pension- CPP)
How does the government recive the money?
The amount of income tax that you have already paid from your pay will be compared to the amount of tax that would be payable for your situation.
At the end of the year, the government wants to make sure that you have paid the correct amount of taxes from your income bracket, thus, every year, you are expected to file an income tax return by april 30th.
Everytime you get paid, mandetory deductions are subtracted from your paycheque the employer then remits these taxes to the government.
If you get laid off, not fired and have worked 420 hours you can collect on EI cheques for awhile.
Pay into it from every paycheque even if you are not yet 18.
When you reitire, become disabled or should your spouse pass away, you can recive CPP.
Pay into it from every paycheque.
Employees (workers) and employers bosses both contribute to CPP.
Anyone who works and is over 18 years old contributies to CPP.
The money goes towards federal expenses such as defense, social programs ( EI, CPP) Canadian debt and to provicial expenses such as health, education, welfare and provicial debt.
Anyone who earns income has to pay federal and provincel income tax.
Get paid for every item you make. The more you make the more money you get.
Get paid a percent amount depending on your sales (how much you sell)
Get paid a set amount per hour. if any O/T. you will get paid extra. 1.5 double.
Money left over after all necessities ( I.e food, rent, mortgage, utilities, ect) have been paid.
Get paid the same amount every pay- not paid for any O/T
Mandatory gov't and any voluntary amounts taken off of your gross pay
"take home" pay actual amount on your paycheque after deductions
Gross means "big" total pay before deductions
Gaurantee: a formal promise or assurance that goods/services are of a sepcific quality.
Warranty:provides after sales service on a product for a specified period of time.
Question: should you pay more and get high quality. Or should you pay less and get mediocre quality
I.e real estate agent, mechanic, stock broker, ect
Somehing that you pay someone else to do for you because you don't have those particular skills or knowlage
Compare your different choices (pros vs cons) in order to decide which choice suits you best.
Make a list detalling important "must haves" for you.
How do you compare big items?
For example:
Others might prefer to spend their money on the purchase of a home, knowing that at the end of the term, they would have something to show for their efforts and will own versus rent what they have been paying for.
Might prefer to pay rent to avoid having to cut the grass, paying property taxes directly, ect.
So people might view a home purchase as a burdun, rather then a benifit.
Indaviduals have different wants and needs that influance their buying decisions
In other words: How much desposable income (take home pay) is left to play your monthly bills such as: food, clothing, taxes, utilitse, ect.
Question: What are your monthly cost.
Pre-approval from the bank
Used to determaine how much of a loan you qualify for.
Bank looks into your finalcial position ( salary, credit rating, assest, cash, work, history, .ect) to see what type of risk you'd be.
Bet on luck for a gain
To help assist others in need
To increase value over time
For future use
On goods and services
The consumer
The compitition
price
Promotion
Product
Gift wrapping
Carry outs
Advice
Alterations
Extended warrenties
Delivery
Installation
How a product is being distibuted, Online, storefront or both
Where a product is to be distibuted locations stores.
What image to project to the customers
What the competitors are selling their product for.
Reflecting on what a customer is willing to pay for the produce
