Question
In the following scenario you are the CEO of a corporation (please answer A, B & C) Your company consists of 500 employees and recorded
In the following scenario you are the CEO of a corporation (please answer A, B & C)
Your company consists of 500 employees and recorded a net profit in 2020 of $9M. You notice your call center (75 employees) seems to be taking up a substantial amount of expense, as it accounted for $3M. You have the option to outsource the call center, costing the 75 employee's their jobs, but saving you $2.5M a year in expense. What do you do; A)keep the 75 employees at the current salary or outsource the department to save $2.5M annually? Why did you pick what you did?
B)Same question as above, except your 2020 net profit was $1M. Do you outsource to shed $2.5M in expense? Why or why not?
C)Were your answers to A & B the same or different? Did your answers contradict which group you picked in your initial post?
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