Final PPT Pak Sweets.pptx - PAK SWEETS CASE STUDY Arjav Sanghvi Nicole Berra Swaraj Nataraj Sehaj Chadha Tony Hui 1 OVERVIEW Started in 1984 with a few

Final PPT Pak Sweets.pptx - PAK SWEETS CASE STUDY Arjav...

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1 PAK SWEETS CASE STUDY Arjav Sanghvi – Nicole Berra – Swaraj Nataraj – Sehaj Chadha – Tony Hui
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OVERVIEW Started in 1984 with a few employees Originally produced popcorn in flavours including butter, plain and cheese. Due to increase in revenue and increasing popularity, Pak Sweets expanded to a bigger facility. In 1996, introduced two new product lines – dried fruits and fennel seeds. In 2002, further expanded to a full fledge operating plant with 60 employees being hired. Further product lines included candies, packed dried fruits, lollipops, candied fennel seeds and bubble gum. Also catered to orders from Europe and other Asian countries. 2
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CHARACTERS There are a lot of characters involved in this case since Pak Sweets started small. The company has a CEO, Sheik Farrukh Niaz An operations manager, who was also responsible for recruiting And the employees themselves. 3
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PRINCIPLES BEING APPLIED 1. Employees’ Perception of Psychological Contract 2. Expectations, Equality and Equity 3. Extrinsic Rewards 4. Distributive Justice 4
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EMPLOYEES’ PERCEPTION OF PSYCHOLOGICAL CONTRACT Psychological Contract are implicit mutual understandings among people in different groups. Perception, trust and history are the keys of mutual acceptance of people from various backgrounds Impossible to have complete understanding of such contracts
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