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Scenario 1-4 Target, a Global Discount Retailer, Generates Around 65 Billion Dollars

question 43

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Scenario 1-4
Target, a global discount retailer, generates around 65 billion dollars in sales annually. Additionally, the company employs more than 360,000 people worldwide. Target stores carry just about every major brand imaginable. Target also carries a number of its own brands including Market Pantry, Archer Farms, and Up and Up. Each of the brand labels appears on different products throughout the store-for example, the Archer Farms label appears on the retailer's highest quality foods. The Market Pantry label appears on food items as well; however, these items are often sold at a significantly lower price. The Up and Up label is on a large range of products ranging from paper products to household cleaning supplies.
-(Scenario 1-4) In one city,Walmart,a competing retail outlet,opens a store across the street from Target and a battle for business follows.To distinguish their stores from one another,both retailers create a series of new commercials to help promote their brand.Target's commercials emphasize the fast,fun and friendly service that it provides for its guests,and uses several celebrity endorsements.Meanwhile,Walmart runs three different commercials that focus on the low prices of its products.This is an example of:

Understand the sociological theories explaining the origins and perpetuation of deviance and crime.

Recognize how societal perceptions of harm influence the legal and social response to deviant acts.

Acknowledge the subjective nature of labeling behaviors as deviant or criminal.

Understand the concept and functionality of the secondary market for stocks.

Definitions:

Staff Motivation

The level of energy, commitment, and creativity that a company's workers bring to their jobs.

Goal Congruence

Goal congruence refers to the alignment of objectives among different members or parts of an organization, ensuring that all efforts contribute towards the overarching goals.

Gainsharing

A performance-based compensation strategy where employees receive benefits from cost-saving measures or productivity increases.

Cash Bonuses

Additional compensation awarded to employees as a one-time payment for achieving specific performance targets or for special recognition.