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Jacques Trumen, CEO of Compagnie du Froid, hired you to evaluate the profit-planning system and profit-sharing rewards for the company's regional managers. Jacques wonders whether
Jacques Trumen, CEO of Compagnie du Froid, hired you to evaluate the profit-planning system and profit-sharing rewards for the company's regional managers. Jacques wonders whether he should take a more hands-off approach to managing the company rather than force the divisional managers to engage in such a time-consuming profit-planning process. Moreover, he wonders whether the profit-sharing rewards motivate the appropriate behaviors from the divisional managers. Write an email (up to 400 words) that answers the following questions: 1. Do you believe that the company should continue to utilize the profit-planning system? Why or why not? 2. Do you believe the company should continue to reward divisional managers based on profit sharing? Why or why not? (1 page max)
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