A 100-year-old manufacturing firm has had an excellent reputation for high-quality products, with all sales to the private sector. Recently, the firm expanded sales to the government's defense department, and high profits rapidly declined. Historically. (1) personnel practices have been popular with employees-flexible work schedules and limited supervision (resulting in high morale), and (2) security in warehouses and production has been limited (yet minuscule   pilferage occurred). In analyzing why profits have declined, which of these risks would be of least concern?   Choices:   A younger workforce will likely be less educated and trainable.   In contract sales to the defense department, the firm is subject to tighter controls over classified inventories, and the loose controls needed improvement   Avery loyal workforce is being replaced by a younger workforce with less loyally and more likelihood of abusing attendance requirements and   engaging in pilferage.   The past lack of locks, fence, und barriers to the fimis land will risk more theft of expersive defense-related inventories, and may violate defere   security regulations   None of the choice

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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A 100-year-old manufacturing firm has had an excellent reputation for high-quality products, with all sales to the private sector. Recently, the firm expanded sales to the government's defense department, and high profits rapidly declined. Historically. (1) personnel practices have been popular with employees-flexible work schedules and limited supervision (resulting in high morale), and (2) security in warehouses and production has been limited (yet minuscule

 

pilferage occurred). In analyzing why profits have declined, which of these risks would be of least concern?

 

Choices:

 

A younger workforce will likely be less educated and trainable.

 

In contract sales to the defense department, the firm is subject to tighter controls over classified inventories, and the loose controls needed improvement

 

Avery loyal workforce is being replaced by a younger workforce with less loyally and more likelihood of abusing attendance requirements and

 

engaging in pilferage.

 

The past lack of locks, fence, und barriers to the fimis land will risk more theft of expersive defense-related inventories, and may violate defere

 

security regulations

 

None of the choice

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