Which strategy to address the surplus makes most sense

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Reference no: EM133651541

Problem: Homer's Hats makes baseball caps. 40% of their business comes from one contract with a local softball league, which they lose due to a competitor coming in with a below market price. Homer has previously staffed 10 people to run the production line. With the loss in business they now only need 8 employees to do this job. If Homer's Hats holds the philosophy that talent is an investment and they plan to adhere to that then which strategy to address this surplus makes the most sense?

Reference no: EM133651541

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