Your company of 30 employees has just been sold to a foreign owner. The new owner has plans to totally change the way business is being conducted. 10 jobs will be lost and others will have more duties and responsibilities added to them. You have been asked to conduct a meeting and explain this to the current workforce. What do you tell them? And how do you expect them to react? Be specific.

Your company of 30 employees has just been sold to a foreign owner. The new owner has plans to totally change the way business is being conducted. 10 jobs will be lost and others will have more duties and responsibilities added to them. You have been asked to conduct a meeting and explain this to the current workforce. What do you tell them? And how do you expect them to react? Be specific.

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

Problem 1CE

See similar textbooks

Similar questions

Which pattern of organization is being used in this passage? In view of the overwhelming health problems among the poor, it is necessary to make massive efforts to serve them. First of all, a major focus should be on preventing health problems, which is usually much less costly than treating them later on. There is a great need for many preventive health services to poor children. In addition, society has to work on the social conditions of poverty that breed disease. We have to help people break out of the cycle of poverty and illiteracy and unemployment. classification listing/topical chronological process
Is it challenging for the business to locate people from varied backgrounds? broaden the concept's application while providing enough support.
If you are a project Project analyst intern Submit a 1-2 page final report describing what you did, what you learned, how you improved your skills and/or understanding, and how this externship/internship/volunteer or work experience has impacted your career goals.
Suppose you are an experienced Project Manager who has been contracted to lead a project team for an IT project. When starting, you discover that many of the developers and analysts in the team have also been contracted, and as a result most members of the team have not worked together before. The team seems to be very competent, with good skills and experience, but you are worried they may find it hard to work together given they have very different styles of working. What leadership style might work best at this early stage in the project? a. The affiliative style b. The authoritative style c. The pacesetting style d. The coaching style
Please help me write a letter to my business teacher in a narrative form about what I learned in her class. At least five paragraphs with eight sentences. What I learned was self awareness, once I out my mind to something I'm good at it. I learned about time management. Learn how to see the business world differently now. Please do not use any personal pronouns .
Floral and Festive Ltd. is an event management organization, and you are the owner. Recently because of your previous work, fantastic reviews and growing orders for organizing events you have decided to employ someone to whom you can delegate your mounting workload. Hence you conducted an interview of three candidates. Explain with example any five types of biases that you as manager may face in your decision to employ a candidate among the three.
You are a supervisor in a call center. There are 50 people working in the center. You have been presented with two problems. One, customers are hanging up after waiting 30 seconds for someone to answer the phone. Two, customers complain that they have having problems understanding the customer service representatives when speaking to them on the phone. How would you address each of these issues and what problems or pushback would you expect form your employees.
Indicate whether the following statement is true or false, then support your view. Paying managers a bonus for beating their budget is a great idea that will help the organization achieve its goals and objectives.
There was a corporation that specialized in providing low interest loans to start up businesses. So in that sector of business, they could soon have a sizable market share if not a monopoly. Then they had to send two people to talk about a new project, an offshore project. Two senior competent personnel, According to top management should be dispatched. However there was some bias further down the line.There was a manager who preferred a new comer with little experience but a fancy MBA from a prestigious business school. Many people were against it but he stood firm in his choice it was a complete disaster; The youngster' incompetence resulted in a massive loss for the corporation both monetarily and in terms of good will. Answer the following:1. What is the ethical dilemma?2. What is the responsibility of clinician to the dilemma?3. What is/are the resolutions to the case based in APA Ethical Principle of Psychologist and Code of Conduct? Provide your analyst and apply the necessary…
At a recent offsite, we broke into small groups of 2-3 people each and imagined ourselves as the leadership team of another marketplace company with somewhat different dynamics. We want to do the same thing with you, because this is our best idea for giving you the most truthful and realistic simulation of what it's like to work together. We love this stuff, and relish the opportunity and responsibility that comes with being stewards of a large marketplace that thousands depend on. If you were running Uber, what are best 2-3 ideas that actually pencil? What’s the output operating metric or financial metric that’s most important to move? What’s the input metric that is the most powerful one to move, to move that output metric?
If you are the manager of a large retail bank and you find that some customers are of low value to the company and incur high cost to serve, how could you manage this customer group? Discuss the process.
When we say we want to be an ally of our employees, what does that really mean? How do we act as an ally your employees well still defending the interests of our company? What does everyone think?