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Lamps Plus Lamps Plus manufactures lamps for residential homes. The president of the company, Laura Cole, is convinced that she must get concessions from workers

Lamps Plus Lamps Plus manufactures lamps for residential homes. The president of the company, Laura Cole, is convinced that she must get concessions from workers if Lamps Plus is to compete effectively with increasing foreign competition. In particular, Cole is displeased with the cost of employees benefits. She doesn't mind conceding a competitive wage increase (Maximum 3%), but she wants the total package to cost 3% less. The current cost are as follows. 1. Cost out each of the two options, using the information provided in Exhibits 9.9 and 9.12.2. Which package would you recommend to Cole? Why? Which of the options do you think will employees more likely to accept? 3. Could you propose a better option than the two suggested that will achieve Cole's goal and at the same time be more likely to be accepted by the employees with less resistance?

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