Monday, April 29, 2019

Tweeter Home Entertainment Group Research Paper - 1

Tweeter Home Entertainment congregation - Research Paper suitEmpowerment comes in different forms, including financial and non-financial incentives for employees, among others. DeHoratius Nicole and Raman Ananth conducted this case study on Tweeter Home Entertainment Group in the year 2007. These authors mainly focused on the influence store managers have on the gross gross sales of this high society, with regard to incentive programs provided by the company to these managers. Tweeter Home Entertainment Group was a company determined in New England. This was a retail company with various stores. Tweeter Home Entertainment Group specialise in the sale of different electronic products. These included audio electronic products, video electronic products, as well as electronic accessories such as camcorders. Most customers of this company were the high-income earners in society, who were the well-educated and prioritized calibre of products (DeHoratius & Raman, 2007). The store ma nagers in this company played an integral role. These were mainly tasked with ensuring that the company sales increase and the shrinking level reduces. The store managers, therefore, employed various tactics in ensuring that they achieved this. These included consumer education and product promotion, as well as monitoring of financial issues and deviant consumer behaviors such as shoplifting in the company in order to keep an eye on shrinkage. Generally, store managers in this company were charged with many a(prenominal) tasks, which required dedication and motivation for effective performance (DeHoratius & Raman, 2007).Nonetheless, Tweeter Home Entertainment Group realized the brilliance of employee motivation, and therefore, provided different incentives to the store managers for their efforts. Store managers in Tweeter were allowed a low penalty on shrinkage, and rewarded differently for the sales they made, depending on their total sales.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.