What would you recommend if your company is in businesses

Reference no: EM132127458

Question: As a business executive, you are asked to develop plans because of a newly passed 10% increase in the minimum wage for each of the next three years. What would you recommend if your company is in the following businesses?

(A) Manufacturing auto parts.

(B) Taxicab services.

(D) High-priced restaurant chain (e.g., steak house).

(E) Lumber mills.

(F) Management consulting.

Reference no: EM132127458

Questions Cloud

Describe how the mix of different fundraising processes : Describe how the mix of different fundraising processes should be determined. Who should be included in the decision-making and why does it matter?

Achieve wide-scale health equity is laudable goal : Do you think trying to achieve wide-scale health equity is a laudable goal? why or why not?

What measures of monetary stimulus were used : From 2000.3 through 2002.2, real growth slowed down substantially in the US economy, which was in a recession during most of 2001. Over that two-year period.

Management training program of large utility : You and Lisa met five years ago when you were hired into the management training program of a large utility.

What would you recommend if your company is in businesses : As a business executive, you are asked to develop plans because of a newly passed 10% increase in the minimum wage for each of the next three years.

What other factors caused the most recent slowdown : From the early 1950s through 1973, the Japanese economy grew at an average annual rate of almost 10%. It then slowed down to 5% per year from 1973 through 1991.

Explain why you think that hypothesis is valid or why not : Economic historians have determined that it took about 40 years from the harnessing of electricity for industrial power until it had a significant impact.

Concepts incorporated in total quality management : Employee empowerment is one of the concepts incorporated in Total Quality Management (TQM).

Why hong kong and singapore have about the same growth rates : Explain why Hong Kong and Singapore have about the same growth rates even though the ratio of investment to GDP is twice as high in Singapore as in Hong Kong.

User Account

All Pages