What you know about strategic decision making

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Suppose the owner of a gas station comes to you for advice. A local activist group is attempting to raise the minimum wag to a living wage but has not been able to convince the local or state government to make it a law. Instead the group is trying to persuade business owners and managers to pay a living wage to minimum wage workers. The workers at the gas station are paid minimum wages. The gas station is open for 12 hours from 7.00 to 7.00pm on a busy exit off the highway. The owner can only cover expenses and have no money to put away for retirement. He is the manager of the gas station open 7 days a week. So the owner is considering the request and is considering the decision. He is looking for advice. You can recommend that he raise the wages or not, but make a logical argument based on analysis of the facts in this situation and on the industry and apply what you know about strategic decision making. You have to give a recommendation-raise the wages or do not raise the wages andprovide an analysis that got you to the recommendation. Include aspects of social responsibility and strategic analysis in your argument.

Reference no: EM132236273

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