Questions and answers on Multi Product Corporation

Running head: MANAGEMENT
Questions and answers on Multi Product Corporation
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MANAGEMENT
Table of contents
1. Background of Multinational Product Corporation...............................................................2
Managerial strategy................................................................................................................2
Recommended managerial strategy.......................................................................................3
2. Implementation of the structural variables.............................................................................3
3. Employee behaviour...............................................................................................................4
4. Offering of the base pay.........................................................................................................4
5. Organizational performance pay plan....................................................................................5
6. Loyalty and Social reward.....................................................................................................5
7. Compensation strategy...........................................................................................................5
8. Indirect pay plan.....................................................................................................................6
References..................................................................................................................................7

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1. Background of Multinational Product Corporation
 Last year, it acquired the ownership of new type of Golf Club, which was invented by
a retired machinist
 The machinist produced only few sets of the clubs, although his glory spread across
the globe
 The company has numerous divisions and departmental units, offering choice to the
clients and the customers to select their preferred brands
 The Corporation plans to set up new branches for making the customers acquainted
with the newly launched golf equipment
 The managers motivate and encourage the staffs, so that they can expose better
performance. This reflects collaborative approach towards enhancing the productivity
 At the initial stage, marketing mix is to be conducted, which would enhance the
awareness of the personnel about the target audience for the golf equipments (Noe et
al., 2017). For this, market research would be a beneficial step in terms of gaining an
insight into the prospective clients, who would contribute towards increasing the sales
revenue and profit margin.
Managerial strategy
The managerial strategy for the Corporation involves the components of classical,
human relations and contextual. Classical approach relates to the execution of the need
analysis on the employees for identifying their disliking towards the allocated roles and
responsibilities. Motivation is one of an effective aspects, which convinces the employees to
execute the allocated roles in spite of unwillingness. According to the arguments of Wright,
(2018), the strategy of human relations express the collaborative approach towards executing
the activities. Understanding and cooperative approach helps in maintaining the stability in
the parameter of public relations. On the contrary, high involvement strategy relates to the

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MANAGEMENT
organizational structure, stressing on motivation, which helps in extracting the required
labour from the employees. Within this, the variables of environment, corporate strategy,
technology, organization size and nature of the workforce assume an important position.
Technologies assist in conducting the product lifecycle of the golf equipment. This activity
helps in predicting the shelf life of the equipment. According to Bratton and Gold, (2017), the
strategy of human relations aggravate the complexity towards executing the operations in an
efficient and effective manner.
The nature of workforce is crucial for the corporation in terms of determining the
dynamics of the operations. Kuvaas et al., (2016) is of the view that using the technology for
conducting the capability analysis and tests prove beneficial in terms of upgrading the
standards and quality of the operations. Along with this, technology also adds automation
into the operations.
Recommended managerial strategy
The strategy of human relations can be proposed as this would enhance the stability
in the relationship between the managers and the employees. For this, Fisch et al., (2018)
opines that divisional organizational structure is needed for exposing collaborative approach.
On the contrary, Laux, (2015) argues that infusion of modern software into the workplace
would be helpful in terms of digitalizing the business operations.
2. Implementation of the structural variables
Structural variables of an organization include reward systems, job design,
coordination and departmentation, decision-making and leadership structure,
communication and information structure and control structure. These variables possess
separate variations and dimensions, which is assistance towards producing the behaviour,
which is needed as per the organizational requirements. Assessing the organizational