A manufacturing company is faced with a financial and human

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A manufacturing company is faced with a financial and human resources dilemma. It is losing market share and can no longer compete by selling its products at the same price points as overseas manufacturers. In viewing the best long-range goals for the organization, company leaders consider lowering employee wages, layoffs and increased automation, or outsourcing all manufacturing operations overseas. Company executives have requested a proposal from you to solve the problem. What factors must be considered? What communication channels and strategies are required?

Reference no: EM1380679

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