Paper instructions:
Project topic:
As a consultant you are reporting to a large scale manufacturing business (with factories in Singapore and/or internationally). You are asked to provide a report
detailing findings from the economic literature on the effectiveness of signalling techniques in generating improved business outcomes. How effective signalling
benefit the organisation? Considering the cost of signalling techniques used by the firm, in what ways it is better off than the firms who do not signal? Recommend at
least two techniques by which you think that the firm can improve its signalling outcome.
*Question is also in the attachment*
This is a Human Resource Economics module and need to write a project of 2500 words (No more than 2500 words). A professional consulting report. Must treat it as
you are the consultant giving advises to the management and it’s a MUST to use Chicago Referencing. Must use a manufacturing company. Example: Samsung, Phillips,
Apple, Toyota, an automobile company which is a worldwide well known manufacturer. (Just a few sentences about the company will do. Basically what the company does. A
short introduction of the company will do)
-Econs literature: Concepts and Theories on effectiveness of signalling techniques in generating improved business outcomes. (use textbooks, journals, articles to
find it)
-Signaling, Screening and Self-Selection (Definitions)
-Effectiveness and Benefits (How to apply signaling to the company)
-Cost of Signaling (include as well screening if necessary)
-Cost vs Benefits
-Recommend at least two techniques by which you think that the firm can improve its Signaling outcome. (Use Probationary pay structure + others)
you are reporting to a large scale manufacturing business
(W/F/I factories in Singapore and/or internationally. You are asked to
0’oV/’0′? 3 report detailing findings from the economic literature on the
effectiveness of signalling techniques in generating impro veo’ business
outcomes. How effective signalling benefit the organisation? C ons/o’er/’ng
the Cost of signalling techniques used by the firm, in what ways it is
better off than the firms who do not signal? Recommend at least two
techniques by which you think that the firm can improve its signalling
A. outcome.
Project Guideline:
0 You should aim to think critically and write originally.
o A key component of the assessment of the assignment will be based
on your ability to explain your answers using the economic
concepts and theory discussed in this unit. You will be rewarded
A for linking the theory with a real life example.
You will be rewarded for picking an interesting market to study.
Examples of potential markets include (but not limited to) sporting
events, petrol stations, supermarkets and movie cinemas.
You are required to research this topic. The use ofjournal article
searches and newspaper article searches will assist you with the
assignment-
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