question archive Times are slow for your company right now and with the rising costs of materials and wages, your profits are at an all-time low

Times are slow for your company right now and with the rising costs of materials and wages, your profits are at an all-time low

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Times are slow for your company right now and with the rising costs of materials and wages, your profits are at an all-time low. Because of this unfortunate situation, you will need to let some employees go. The senior management team has already compiled the list of people whose employment will be terminated two weeks from today. However, the people on the list will not know until the day of the termination.

You have called a meeting of your department managers and supervisors. The managers and supervisors do not know that a list has been created, so you will need to let them know this at some point in the conversation. Also, they will not be able to see the list until the day of the terminations. Obviously, this is a very confidential topic and should not be shared with anybody outside of this meeting. The purpose of your meeting today is to confide in this group and assure them that none of them are on the list. You also want to get their feedback on how the general employee base will react to the news.

Devise and elaborate on an action plan for the day of the event.

Your answer rubrics for Questions 3 and 4 should include: 1) Introduction [1.5 marks]

2) Literature review [3 marks]

3) Discussion with an example [6 marks]

4) Conclusion [1 mark] List of references (1 mark)

Complexity index:

Level 5: Detailing your argument to support the statement. 

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