ITechnology has been selling computer hardware, software, and other computer gadgets and accessories for the last 12 years. Sales are steady with total figures second only to MegaCD, the number one retailer of computer parts and accessories. ITechnology has 10 branches nationwide and the majority have sales personnel who man the stores. ITechnology is owned by Rolando Velasquez and his family. Because of his age, Mr. Vasquez handed the management to his daughter, Corazon, who recently graduated with a degree in HRM. She is planning to pursue her MBA next year. Within a week of staying at ITech's office in Makati and visiting its store in nearby Glorietta, Cora found out that the sales personnel are happy and satisfied. Pay increases are given every year. Spot bonuses are given by her father in every branch based on observed outstanding performance every month. However, Cora found out that the company did not practice performance evaluation. All bonuses are based on “observed" evaluation. Cora did not want to take all this sitting down. She believes performance evaluation is important as it would serve as the basis for many major decisions in the future. She went around the store and wondered. She felt that the sales personnel are happy with their work. She thinks that something must be done to maintain their satisfaction. They deserve to be appraised fairly. Their performance should nave been equally rewarded based on fair measures of performance. zuestions: ** Is there really an urgency to install a performance appraisal system in ITechnology? Why or why not? * Why do think Cora felt the need to install a performance appraisal system? holn in maintaining the
ITechnology has been selling computer hardware, software, and other computer gadgets and accessories for the last 12 years. Sales are steady with total figures second only to MegaCD, the number one retailer of computer parts and accessories. ITechnology has 10 branches nationwide and the majority have sales personnel who man the stores. ITechnology is owned by Rolando Velasquez and his family. Because of his age, Mr. Vasquez handed the management to his daughter, Corazon, who recently graduated with a degree in HRM. She is planning to pursue her MBA next year. Within a week of staying at ITech's office in Makati and visiting its store in nearby Glorietta, Cora found out that the sales personnel are happy and satisfied. Pay increases are given every year. Spot bonuses are given by her father in every branch based on observed outstanding performance every month. However, Cora found out that the company did not practice performance evaluation. All bonuses are based on “observed" evaluation. Cora did not want to take all this sitting down. She believes performance evaluation is important as it would serve as the basis for many major decisions in the future. She went around the store and wondered. She felt that the sales personnel are happy with their work. She thinks that something must be done to maintain their satisfaction. They deserve to be appraised fairly. Their performance should nave been equally rewarded based on fair measures of performance. zuestions: ** Is there really an urgency to install a performance appraisal system in ITechnology? Why or why not? * Why do think Cora felt the need to install a performance appraisal system? holn in maintaining the
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Subject: Human resource management
Answer question number 2 only
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON