XIX Posicy Strategy: XX Contingency Strategy

1335 Words3 Pages

XIX Contingency strategy…………………………………………………….………....0 The strategy is to lay off employees and to quit requesting materials in the chance that the business loses its physical location because of a flame. The arrangement may then call for scouting then renting another area and rehiring a lessened measure of staff, just coming back to the pre-fiasco staff level when business sets up itself in the new area. Each member of the team will execute his or her part as prearranged. b.Contingency funding…………………………………………………………...0 A fund will be set aside to mitigate the unforeseen event. XX Communication plan…………………………………………….……………….…0 e. Define the purpose. The communication plan will help in maintain control over the project and to make sure that …show more content…

Ethical Some of the ethical issues facing the organization include balancing the cost reduction strategy and the health and safety of the employees. In addition, the use of current technology to cut costs and at the same time creates employment opportunities for the locals. Notably, provision of fair working conditions to the employees means more labor costs while the company still aims are keeping the expenses at minimal levels. Provision of non-discriminatory work environment may require costs and management training which also means additional expense for the company. To sum up, transparency forms a core component of ethical practices in business. Sincerity incorporates imparting messages, including showcasing messages, that are not open to distortion and that obviously speak to the aims of the organization and its messages. Being gotten in a falsehood or keeping away from full revelation might bring about unsalvageable mischief to little organizations. Transparency is an ethical issue since disseminating information might expose business strategies to

Open Document