formulate responses to the following questions. You are to answer ALL the questions. You are the Chief Financial Officer for a printing company which employs around 50 people, ranging in age from those in their 20s to some in their 50s. Of late, you have noticed that office supplies such as stationery, kitchen supplies, etc are having to be replaced far more frequently, resulting in a higher expenditure. As a result, as of a given date, you are implementing measures to track employees' use of such resources. In addition, you will have to inform staff that there will be a minor pay cut, as of a given date, since the company is not attracting as many customers. The only other option to the pay cut would be to maintain salaries but lay off some individuals. After using these two Methods of Communication:Method 1: All-staff Meeting (In-Person or Virtual)Method 2: Official Company-Wide Email Feedback i) List TWOways in which you would ensure that you received feedback from the employees. ii) Explain why EACHmethod of feedback would be effective and / or appropriate.
formulate responses to the following questions. You are to answer ALL the questions. You are the Chief Financial Officer for a printing company which employs around 50 people, ranging in age from those in their 20s to some in their 50s. Of late, you have noticed that office supplies such as stationery, kitchen supplies, etc are having to be replaced far more frequently, resulting in a higher expenditure. As a result, as of a given date, you are implementing measures to track employees' use of such resources. In addition, you will have to inform staff that there will be a minor pay cut, as of a given date, since the company is not attracting as many customers. The only other option to the pay cut would be to maintain salaries but lay off some individuals. After using these two Methods of Communication:Method 1: All-staff Meeting (In-Person or Virtual)Method 2: Official Company-Wide Email Feedback i) List TWOways in which you would ensure that you received feedback from the employees. ii) Explain why EACHmethod of feedback would be effective and / or appropriate.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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formulate responses to the following questions. You are to answer ALL the questions.
You are the Chief Financial Officer for a printing company which employs around 50 people, ranging in age from those in their 20s to some in their 50s. Of late, you have noticed that office supplies such as stationery, kitchen supplies, etc are having to be replaced far more frequently, resulting in a higher expenditure. As a result, as of a given date, you are implementing measures to track employees' use of such resources.
In addition, you will have to inform staff that there will be a minor pay cut, as of a given date, since the company is not attracting as many customers. The only other option to the pay cut would be to maintain salaries but lay off some individuals.
After using these two Methods of Communication:
Method 1: All-staff Meeting (In-Person or Virtual)
Method 2: Official Company-Wide Email
- Feedback
- i) List TWOways in which you would ensure that you received feedback from the employees.
- ii) Explain why EACHmethod of feedback would be effective and / or appropriate.
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