Question
An instructor has asked students to reflect on the two questions as hypothetical; as if we were working for a top USA based Fortune 50
An instructor has asked students to reflect on the two questions as hypothetical; as if we were working for a top USA based Fortune 50 company providing a service/training customers. The instructor wants general ideas to propel conversation in class. I'm having trouble understanding & providing ideas based on info given from the instructor. 1)How are budgets linked or not linked to manager/employee compensation? Do you think that compensation should be linked to achieving budgeted results? What is the reason for your conclusion? 2)Assume your organization had a sudden decrease in revenue of 15%. How would you suggest the organization respond? What expenses would be most likely be targeted (if any) for immediate reduction? -The instructor gave a hint to this referencing it as a modern day "stock market crash."
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started