Markov Analysis Essay Example

Markov Analysis Essay 1. Describe the internal labor market of the company in terms of job stability (staying in same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates. Transition Probabilities for 2010-2011 Sales, Full-time 1. 50% stayed the same 2. 10% transferred to part-time status 3. 5% were promoted to Asst. Sales Mgr. 4. 0% were promoted to Regional Sales Mgr. 5. 35% left the organization Sales, Part-time 1. 5% transferred to full-time status . 60% stayed the same 3. 10% were promoted to Asst. Sales Mgr. 4. 0% were promoted to Regional Sales Mgr. 5. 25% left the organization Asst. Sales Mgr. 1. 5% were demoted to full-time sales 2. 0% were demoted to part-time sales 3. 80% stayed the same 4. 10% were promoted to Regional Sales Mgr. 5. 5% left the organization Region Sales Mgr. 1. 0% transferred to another job 2. 70% Stayed the same 3. 30% left the organization 2. Forecast the numbers available in each job category in 2013. Job 2012 Category Employees SF SP ASM RSM TOTAL EXIT Sales Full-time (SF) 500 250 50 25 0 325 175 Sales Part-time (SP) 150 7. 5 90 15 0 112. 5 37. 5 Asst. Sales Mgr. (ASM) 50 2. 5 0 40 0 47. 2. 5 Region Sales Mgr. (RSM) 30 0 0 0 21 21 9 Work Sales Full-Time (SFT) Sales Part-Time(SPT) Asst. Sales Mgr(ASM) Reg Sales Mgr a. ) . 50 x 500 = 250 b. ) . 05 x 150 = 7. 5 c. ) . 05 x 50 = 2. 5 d. ) . 70 x 30 = 21 . 10 x 500 = 50 . 60 x 150 = 90 . 80 x 50 = 40 . 30 x 30 = 9 . 05 x 500 = 25 . 0 x 150 = 15 . 10 x 50 = 5 . 35 x 500 = 175 . 25 x 150 = 37. 5 . 05 x 50 = 2. 5 3. Indicate potential limitations to your forecasts. A. ) As a rule, it is desirable to have 20 or more employees in each job category/level. Some of the cells contain less than 20 cases. So the estimates based on these figure can yield unstable estimates of future availabilities. B. ) There is a possibility of results not being accurate due to multiple moves by employees. We will write a custom essay sample on Markov Analysis specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Markov Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Markov Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The analysis cannot detect multiple moves by employees between T and T+1; it only classifies employees and counts their movement according to their beginning (T) and ending (T+1) job category/level, ignoring any intermittent moves. C. ) The forecast assumes that all employees in a job category/level have an equal probability of movement. This is unrealistic because organizations take many factors into account. Because of these factors, the probabilities of movement may vary among specific employees.

Sample Cover Letter For Essay Mistakes to Avoid

Sample Cover Letter For Essay Mistakes to AvoidIf you are writing a cover letter for an essay, you should not make any of the following mistakes. A cover letter is your chance to get the attention of the person hiring you, and the first step is making sure that you get it right. However, it is important to note that there are many things to remember when writing a cover letter, and by no means do these cover letter for essay mistakes apply to every situation.The first mistake to make when writing a cover letter is to make it too personal. You may think that a letter will show your personality and interest in the job. However, if the person writing the letter is a complete stranger, it may look like you are trying to impress them with your knowledge of the position. You should not go out of your way to make yourself seem important or special. When you are not special, people will tend to forget about you and move on to someone else.Another mistake to make when writing a cover letter i s to make it too general. People who do not know you are not going to be impressed with something like 'Would you mind if I write a letter to you' and they will not be impressed with 'Please call me'. While your cover letter can show the right person that you are very interested in them, you should try to make it sound as if you were writing it for yourself and not for them.The next mistake is to make it too impersonal. It should read more like an email or a note from a friend than like a formal letter to a job offer. You do not want your friend to read the letter and have no idea what you mean. You want your friend to read your letter, but you do not want to read it yourself either.The third mistake that you need to avoid when writing a cover letter is to not say anything at all. For example, if you are asking for a phone interview, you should not even mention that you are available. The chances are that your application will be declined, and this is something that you need to work on making sure does not happen.Another simple mistake that you should avoid is to try to avoid talking about yourself. If you write a cover letter for an essay and talk about yourself, it will be obvious that you are trying to impress them with your knowledge of the job. If you want to make sure that the person reading your letter has enough information to make an informed decision, do not give away any details about yourself.Last, but not least, you should be sure to use proper grammar and spelling. Using poor grammar and spelling will not allow you to come across as a professional, which is what you are trying to accomplish. If you are writing a cover letter for an essay, do not write anything that will put the person that you are interviewing off. They may even wonder if you are drunk or drugged when you are writing. This does not help your case.By no means are these examples of all of the mistakes to avoid when writing a sample cover letter for an essay. However, they should be enough to illustrate the importance of being careful about how you present yourself in your letter.