Business is booming for the majestic ocean kayaking

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Reference no: EM132202381

Business is booming for the Majestic Ocean Kayaking company as more American are deciding to vacation at home instead of abroad. This means that more guides are needed to handle the increased volume. As a member of the senior leadership team for Majestic Ocean Kayaking, you, along with other management officials, are concerned that the current step-variable approach used to pay the guides might not be the most cost effective, which was voiced at a recent budget meeting. The CEO has tasked the senior management team to prepare a position paper that analyzes the current method of paying the guides to other methods just as fixed cost or strictly variable. To complete this analysis, you will need to collect relevant data, describe the problem, solutions, and overall impact on the bottom line. You will need to include some discussion on the various approaches that can be used and the pros and cons of each one.

Reference no: EM132202381

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