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QUESTION
Your company is going through an economic crisis due to the worldwide recession. The losses have exceeded Rs 45,000,000 and staff will neither be paid any performance bonus nor any salary increase except for the government increase. You hope, however, that next year with the collaboration of your team and team members, you will bridge this financial gap. As the General Manager of a five-star hotel in Mauritius, you have to inform your Managing Director, your management team and all the staff about the situation.
(a) Describe which media you will use to communicate to these stakeholders and why
(b) Give an example of any such document that you will write to any one of the above stakeholders
what are the sources of finance of a co-operative society
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