MAN 336 Midterm: Motivating Employees and Ethics
Document Summary
Class notes: when you give desirable rewards, employees can either work harder or can cheat. When goal accomplishment is rewarded, and when rewards are desirable, employees will have two basic options: Class notes: what motivates one employee may not motivate another. Ben: no micro-manager; not on money; love; low turnover; lots of benefits. Phil: micro-manager; dollar; hate; high turnover; union; short-term win but losses in long-term higher/train new people. Summary: booth distributes vanatin which is its most popular drug. But, it causes 30-40 deaths a year so fda is looking to shut down its production. What booth can do: total recall, cancel future production, cancel future production but let current inventory trickle out, wait till they"re told to stop, fight fda in the courts, lea(cid:448)e up to doctor"s discretio(cid:374) to use it. Patent lifetime of drugs = 20 years. Drugs are made based on how many people have the disease.
