May 29th, 2015
Studypool Tutor
Arcadia University
Price: $0 USD

Tutor description

Word Count: 431
Showing Page: 1/6
Business model ofBy:NITIN TULSIAN(A-17)PARAM AGRAWAL(A-18)Business ModelPlayers/Entities1. Workers for ONGCCustomers: People who buy ONGCs oil productsSuppliers: They supply drilling equipment and spare parts to ONGCDealers:Shareholders and investors:Business AssociatesMotivation/Value/Profit1. Employees Employment: HR policies at ONGC revolve around the basictenet ofcreating a highly motivated, vibrant & self-driventeam. The Company cares for each & every employee and has inbuilt systems to recognize & reward them periodically.Motivation plays an important role in HR Development. In orderto keep its employees motivated the company has incorporatedschemes such as Reward and Recognition Scheme, GrievanceHandling Scheme and Suggestion SchemeIncentive Schemes to Enhance Productivity1>Productivity Honorarium Scheme2>Job Incentive3>Quarterly Incentive4>Reserve Establishment Honorarium5>Roll out of Succession Planning Model for identified keypositions6>Group Incentives for cohesive team working, with a view toenhance productivity Brand : ONGC is a brand name in itself. Thus employeeswant to be associated with it2. Customers3. Suppliers4.Dealers5.Shareholders and InvestorsReturn on invetment: ONGC is a listed company. Over theyears the company has had an impressive track record ofshareholder return on investments.6.Business associates Profit sharing: Technology sharing: Distributio

Review from student

Studypool Student
" Excellent work as always thanks so much "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1825 tutors are online

Other Documents


Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors