Sunday, May 12, 2019
Case Study Essay Example | Topics and Well Written Essays - 250 words - 9
Case Study - try on ExampleLastly, the company force out downsize to keep its profit intact.Firstly, whereas the do nothing alternative is cheap, it can legitimatize similar problems in future. Secondly, investigations argon time-consuming and costly, unless create an excellent precedent for accountability. Thirdly, seeking monetary assistance would increase the companys debts and affect the profits (Maurer, 1996). Lastly, downsizing would throttle expenses, but can overburden the workforce and impact on service quality as well as profits.Hiring fewer, fitted supervisors and carrying out regular audits is the best alternative that would limit such problems (Hammond, Keeney, & Raiffa, 1999). This option would enhance accountability and limit operational costs.Rest Assured needs to carry out thoughtful planning and execution of pecuniary decisions through involvement of all of the relevant stakeholders. This way, Maurer (1996) says stakeholder resistance and sabotage in a worst font scenario would be avoided. In summary, financial problems require thoughtful solutions, since any wrong decisions would have long-term impacts on the financial position and viability of the business. Doing nothing ensures consistency but has the potential to create more serious problems audits are costly, but improve accountability seeking financial assistance would keep the company in business, but add to company debts downsizing limits service quality and
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