Layoffs is not the best solution in a downturn. Comment (View Comments) Kamal Kapoor - Winner of the month Posted On Tuesday‚ January 27‚ 2009 at 04:55:26 PM [pic][pic][pic][pic][pic] "Will I able to survive in my organisation or will my organisation survive in this bad time?" is a question which every person is asking himself/herself these days. In today’s phase of economic recession‚ every organisation and employee is concerned about his/her fate. Companies are trying to cut costs as
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Case Study The Layoff Robin Astrigo‚ CEO of Astrigo Holdings‚ has recently discovered that his business is beginning to suffer financially. Profits are significantly decreasing despite company promotions‚ inventory cuts‚ and expense adjustments. In addition‚ Astrigo Holdings is losing sales to other competitive retailers with more reasonably priced products. The business needs to make a change in order to pick itself up from this recession. Mr. Astrigo has come to the conclusion that multiple
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Alternatives to Layoffs Layoffs‚ a short term fix‚ detrimental to the company‚ should be the last resort Layoffs are done to save money. Unfortunately‚ they are usually a short term fix‚ detrimental to the company. So why do so many companies persist in using layoffs as a first choice for cutting costs‚ and what are some of the alternatives. Sometimes things don’t work out as forecast. Clients delay purchases. Suppliers raise prices. Competitors steal market share. Quarterly‚ at least in
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well. But the situation is not good in terms of profits & that’s why company is thinking about the layoff strategy. It has tried reducing inventory and unnecessary expenses. Lay off is like a last resolution. Robin is in a fix about the possible solutions to save the company’s image and also its employees. The Issues 1. Recession Period 2. Profits decreasing at a drastic rate. 3. Aggressive Promotions and Price Cuts 4. Loss of Customers to cheap retailers with worse customer
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Ways people cope with bad news [Name of the writer] [Name of the institution] Ways people cope with bad news Introduction After listening to a bad news people react in various different ways and it also depends on the nature of news. Sometimes we watch on TV a large number of people dying in a natural disaster; with the sight of this news‚ we feel our heart crying. This sort of thing is unbearable to watch. Sometimes we face any accidental death in family or relatives. This sort of news seems
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Ways that plants cope with saline environments Introduction There are a lot of plants in this world managed to grow in different kind of environments by adapting to those environments in certain ways. In this essay‚ plants grow in environment with different salinity are concerned. Plants can be divided into two different groups when it comes to salinity. The first type of plants is the plants that grow and reproduce in saline environment which are called halophytes (Jefferies. 1981). Whereas
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Effective Operations Management during Layoffs Final Research Paper Effective Operations Management during Layoffs Western International University MGT 370 – 5413 Operations Management 1 Effective Operations Management during Layoffs 2 Introduction Operations management is the area concerned with the efficiency and effectiveness of the operation in support and development of the firm ’s strategic goals. Other areas of concern to operations management include the design
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contaminated things bring suffering. You have to do away with negative emotions; they contaminate the mind. You can reduce negative emotions by analytical meditation‚ and by cultivating positive emotions. Buddha said "I have shown you the path of liberation; it’s up to you now." When you pray‚ understand the true meaning of prayer — it shouldn’t be just an external performance. It’s important to bring transformation within to reduce negative emotions and to enhance your peace and happiness. The suffering
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Comparison Appendix Case Overview This paper tries to assist a professor in making an educated decision regarding the diamond he should buy. He feels that his girlfriend has already hinted about marriage three times‚ and the time has come to finally do something about it. So‚ he decides to propose to her and sets aside $2000 to $4000 for a diamond ring. At the store‚ the professor finds out that picking the right diamond is not a straightforward task. Characteristics of a Diamond The value of a
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There has been a time when I have always wondered what it would be like to have dinner with people who inspire me. I have thought long and hard about 3 people who give me motivation to be all I can be. Growing up as a Latina woman in NYC has made me want to be a successful woman. I want to see the world and help others in need. I have chosen to have dinner with Rita Moreno a Latina woman from Humacao‚ Puerto Rico. My Grandparents are from Humacao‚ a small town about 45 mins from the capital. Humacao
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