Bus. Research and Writing Essay Example | Topics and Well Written Essays - 2500 words - 1

Bus. Research and Writing - Essay Example These may include the business plan, bank statements, business history and references. Most business start their operations before the owners decide to expand. This can be done by establishing new ventures or expanding. Some of the new ventures that can be explored include developing new product lines, creating and sustaining a presence in a new geographical area and establishing a new market. Each one of the ventures requires funds in order to be successful. The funds that are required by businesses, organizations or enterprises either to start up new ventures or to bolster already existing ventures may be acquired through external sources or internal sources. The sources of capital usually depend on whether the business or organization is at an early stage of rapid expansion. The first source of capital for any corporation is usually the retained profits. The corporation has to approximate the amount of money required. The retained profits are the profits that are kept by the corporation rather than being distributed as dividends to the shareholders. The profits are retained in the organization and invested in new business ventures. A business can choose to opt for debt financing. This form of financing allows the borrower to use the money borrowed for a specified period provided they repay the money with some interest. In most instances, the terms of the loan are usually outlined in the loan agreement. To ensure that the repayment of the loan is guaranteed, the loan may be backed by â€Å"collateral† for the sake of a secured loan or â€Å"cash flow† for the sake of unsecured loans. A corporation can raise capital through the sale of shares. Essentially, shares relate to public limited companies or private limited companies. â€Å"Shares† are self-explanatory and once one buys a shares form a particular company, they in turn own a share of the company. Shares are

Performance and reward Assignment Example | Topics and Well Written Essays - 2250 words

Performance and reward - Assignment Example However, the senior employees of the company have been observed to be disappointed with the current reward criteria and feel themselves and their experiences to be undervalued. The later part of the paper illustrates few noteworthy recommendations that might be effective in reframing the reward strategy of Trisco Foods. Table of Contents Executive Summary 2 Table of Contents 3 Introduction 4 Brief Overview of Trisco Foods 5 Analyzing Trisco Foods’ Reward Strategy 5 Analysis of the Workplace Scenario 10 Recommendations 10 Conclusion 11 References 13 Introduction In today’s business scenario, employees are considered among the most important assets of organizations. It has been noted that only an efficient set of workforce is capable of accomplishing the goals of an organization and its set objectives. Employees thus hold the key in performance efficacy of business concerns in the modern day context. In this regard, it has been noted that employees should be managed and u tilized properly so that they can facilitate organizations with positive outcomes through their productive contributions. However, to steer employees towards productive contributions, it is important to motivate and encourage employees towards the accomplishment of the organizational goals. Hence, performance and reward management comes into concern. From a theoretical viewpoint, these aspects deeply relate with modern organizational practices that are incorporated for the purpose of employee motivation and therefore are related to the doctrine of Human Resource practices of organizations. Performance and rewards can also be observed as connected to each other in the sense that rewards are practiced or delivered on the basis of performance efficiency deciphered by employees. It has been observed in this regard that such practices in organization tend to be quite beneficial in the sense that it motivates workforce to perform and develop ownership among them which encourage them for c ontinuous improvement of their work. This in turn results in overall effectiveness of the organizational performance (Shields, 2012; Deb, 2009). This paper henceforth aims to analyze performance and reward practices approach of Trisco presenting a report on the limitations and the strengths of Trisco’s management strategies with regard to employee satisfaction through effective motivational mechanisms. Brief Overview of Trisco Foods Trisco Foods is an Australian food manufacturing company that has been successful in building superior goodwill from its operations since 1875. The company has a good profile in this particular sector owing to their commitment towards the deliverance of quality product and/or services to the targeted customers. Although the company is primitively located in Australia, through the wide network of its supply chain, Trisco has been able to reach in most of the countries. From an overall perspective, it has been observed that strong market presence an d vast range of products with appreciative quality are among the major success factors for the company to drive its superior goodwill in the national as well as international markets over the years (Trisco Foods, 2013; Trisco Foods, 2013). Analyzing Trisco Foods’ Reward Strategy With the virtues of its superior distribution network and quality goods, Trisco has been able to obtain a prominent position in the world of food manufacturing