Answered: HRM Incident 2: The Announcement Dave…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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HRM Incident 2: The Announcement Dave Johnson, HR manager for Eagle Aircraft, had just returned from a brief vacation in Cozumel, Mexico. Eagle is a Wichita, Kansas, maker of small commercial aircraft. Eagle's workforce in 1998 totaled 236, Dave's friend Carl Edwards, vice president for marketing, stopped by to ask Dave to lunch, as he often did. In the course of their conversation Car asked Dave's opinion on the president's announcement concerning expansion. "What announcement?r" was Dave's response. Carl explained that there had been a special meeting of the ezecutive council tv announce a major expansion involving a new plant to be built near St. Louis, Missouri. He continued, "Everyone at the meeting seemed to be completely behind the president. Joe Davis, the controller, stressed our independent financial position. The production manager had writsen a complete report on the equipment we are going to need, including availability and cost information. And I have been pushing for this expansion for some time. So I wwas ready. I think it will be good for you too, Dave. The president said he expects employment to double in the nens year." As Carl left, Rex Schearer, a production supervisor, arrived, "Dave," said Re%, "the production manager jumped on me Friday because Maintenance doesn't have anybody qualified to work on the new digital lathe that's being installed." "He's right," Dave replied. "Maintenance sent me a requisition last week. We'd beter get moving and see if we can find someone." Dave knew that it was going to be another busy Monday. QUESTIONS What should Dave do, if anything, about being kept in the dark regarding, the expansion? Explain.

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