Assume the role of Juan Hernandez. Based on the information in Chapter 11, create a presentation to
Question:
Assume the role of Juan Hernandez. Based on the information in Chapter 11, create a presentation to employees about temporary changes in work shifts. You could base the presentation on Figure 11.4.
prepare five- to ten-minute presentations.
Make sure you first identify your key messages and analyze your audience based on information in the textbook. Create a clear and compelling preview, view, and review (see Chapter 14). If directed by your instructor, create electronic slide presentations.
Transcribed Image Text:
To... Marble Home Makeovers Employees Subject: Temporary Change in Work Shifts over Next Three Months BIUFTT T Plain Text Hello Marble Home Makeovers Team: Neutral subject line as BUFFER. I want to further explain our temporary policy of eliminating overtime shifts and reducing the number of shifts available. While these changes mean less take-home pay for each of you over the next three months, I want to assure you that we are doing all we can to quickly get back to normal work hours. Why We Must Change Work Shifts Shows CONCERN. Your great work has contributed to our rapid expansion over the past year. Expansion has brought growing pains, and we've spent far more cash than we've received in revenues. Our bank has extended us a $100,000 credit line. Twice over the past few months, it has allowed us to exceed our limit. As of last week, we had used $96,000 of our credit line. Our banker has informed us that in 90 days, our credit line will be lowered to $50,000. To meet this new credit line limit, we need to make some temporary changes. Working with our banker and our four shift supervisors, we've decided that the only way we can improve our cash position is to cut our production and rely on our excess inventory for orders. Production expenses, including payroll, account for nearly 75 percent of our expenses. So, temporarily lowering production is our only option for improving the cash position quickly. What These Temporary Changes Mean for You Provides RATIONALE. The changes in work shifts will be applied to all production workers. The following two changes apply for the next three months: . No overtime shifts Explains immediate IMPACTS. Two fewer 4-hour shifts per employee per week We estimate that these changes will cost each of you between $175 and $325 per month. We know many of you depend on your full wages, and this temporary change creates an unwanted burden. We are putting these changes into place as a last resort. We will do all we can to get your take-home pay back to normal as quickly as possible.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Answered By
Antony Sang
I am a research and academic writer whose work is outstanding. I always have my customer's interests at heart. Time is an important factor in our day to day life so I am always time conscious. Plagiarism has never been my thing whatsoever. I give best Research Papers, Computer science and IT papers, Lab reports, Law, programming, Term papers, English and literature, History, Math, Accounting, Business Studies, Finance, Economics, Business Management, Chemistry, Biology, Physics, Anthropology, Sociology, Psychology, Nutrition, Creative Writing, Health Care, Nursing, and Articles.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Assume the role of Haniz Zogby. Based on the information in Chapter 10, create a presentation to encourage credit union members to participate in the Hope Walkathon. You could base part of the...
-
Assume the role of Haniz Zogby (see Chapter 10). Based on the information in Chapter 10, create a presentation to the executive team on a marketing initiative about financial planning aimed at...
-
Assume the role of Haniz Zogby (see Chapter 10). Based on the information in Chapter 10, create a presentation to university students to persuade them to join Better Horizons Credit Union. You could...
-
You are to show the journal entries necessary to record the following items which occured in 2012: (a) May 1 Bought a van on credit from Deedon Garage for 6,000. (b) May 3 A debt of 100 owing from P....
-
Stone Shoe Co. has concluded that additional equity financing will be needed to expand operations and that the needed funds will be best obtained through a rights offering. It has correctly...
-
People in Japan value group harmony and duty to the group (high collectivism) more than Americans do (low collectivism).
-
Respond to this comment: Because joint-cost allocations are arbitrary, there is no rational argument for allocating joint costs except for complying with financial or tax reporting requirements.
-
The government has decided that the free-market price of cheese is too low. a. Suppose the government imposes a binding price floor in the cheese market. Draw a supply- and-demand diagram to show the...
-
I need Help! On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozoni invested $30,000 cash and...
-
A. To gain experience as a public speaker, you can find many opportunities, to develop your abilities. B. Many professionals join training groups or organizations such as Toastmasters, which focus on...
-
Record one of your presentations and then do the following: A. Immediately following your presentation, draft your basic impressions of your performance. B. Watch the video recording three times as...
-
1. Are you surprised that this is a 2005 case? Explain. 2. Given the evidence, do you understand why the lower court would have found that no race discrimination had taken place? Explain. 3. What do...
-
Watch the clip from HBO's Chernobyl and respond to the questions below using complete sentences....
-
1) Every organization has a unique culture. As you move forward with a travel or per diem position, what steps will you take to learn about your assignment organization's culture? 2)Flexibility and...
-
See the right figure of the lifting and transporting equipment. During operation, while a mass of 1.5 x 104 kg was descending at a constant speed v = 15 m/min, the machine experienced a breakdown,...
-
PROBLEM 3 BABEY Company makes three products with the following characteristics: Product V jk jin Selling price per unit 10 15 20 Variable cost per unit 6 10 10 Machine hours per unit 2 4 10 The...
-
Diversified Semiconductors sells perishable electronic components. Some must be shipped and stored in reusable protective containers. Customers pay a deposit for each container received. The deposit...
-
When he accepted his job, Mr. MG instructed his employer to withhold substantially more federal income tax from his monthly paycheck than was indicated by his marital and family situation. As a...
-
Aztec Furnishings makes hand-crafted furniture for sale in its retail stores. The furniture maker has recently installed a new assembly process, including a new sander and polisher. With this new...
-
Using the Web, where should job candidates look in addition to searching the big job board sites?
-
What is a customized resume, and why should a job seeker have one?
-
What is a chronological resume, and what are its advantages and disadvantages?
-
Estimate the intrinsic value of the stock company ABC. Dividends were just paid at $8 per share and are expected to grow by 5%. You require 20% on this stock given its volatile characteristics. If...
-
Crane, Inc., a resort management company, is refurbishing one of its hotels at a cost of $6,794,207. Management expects that this will lead to additional cash flows of $1,560,000 for the next six...
-
Match each of the following transactions with the applicable internal control principle that is being violated
Study smarter with the SolutionInn App