Read the prompt below and 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.   You have to convey all relevant details of these two changes to the staff.  The Message For the Official Company-Wide Email methods . create the message you would send to the employees. Be sure to include all relevant details of the situation and use the correct format for your message. The purpose of your message must be clear.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Read the prompt below and 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.

 

You have to convey all relevant details of these two changes to the staff. 

The Message

For the Official Company-Wide Email methods . create the message you would send to the employees. Be sure to include all relevant details of the situation and use the correct format for your message. The purpose of your message must be clear. 

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