Discuss the benefits for a company of not downsizing, as in the case of Aaron Feuerstein and Malden Mills
The benefits are that the employees' morale increases because of the positive manner in which they are treated. Also, the company avoids the costs of having to retool and retrain once it does return to normal size or even requires a period of time for growth. Companies that perceive their employees to be assets also seem to reap greater productivity rewards and fewer employee disagreements and union disputes. In short, there may be long-term benefits to be gained from not downsizing and providing for employees. There are also alternatives such as employees agreeing to reduced salaries or fewer work days so that all of them can survive the crunch or crisis.
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Effective MPR goals and objectives are specific, measurable, attainable, realistic, and tangible
Indicate whether the statement is true or false
When a corporation issues stock at a premium, it reports the premium as an other income item on the income statement
Indicate whether the statement is true or false
How can four schools of thought on the labor problem from Chapter 2 be useful to considering options to regulating globalization to limit short term costs and problems associated with exploitation?
What will be an ideal response?
Which of the following issues raises concerns about the ethics of protectionism?
A. Pan-European marketing strategies are possible due to greater uniformity in packaging standards. B. Small firms succeed in foreign niche markets. C. Competitive advantage grows out of continuous improvement. D. Regional trade agreements provide preferential treatment for member nations. E. Tariffs have declined from an average of 40 percent to less than 5 percent.