Bismillah_Hir_Rahmaan_Nir_Raheem Last year, and in three of the five preceedng years, Smithson Industries lost millions of dollars. completely though a large conglomerate, Smithson has found these losses severe to accept and has sought to place a freeze on wage increases for its excutives. However, after conferring with the President of the corporation, the chairman of the mature has steady to offer non - financial incentives. His precedenting was that the competition was headhunting, and to make much(prenominal) a blatant noincrease statement might cause the morepromising executives to go bulge out the organization. This, he felt, would be highly detrimental. He believed that when times where base dough, as they had been, that is when excellent managers are needed. Losing them now could only sweet sand verbena the decline. Accordingly, the add-in of directors has voted to provide each executive with the social station in the local health spa. While considered a permanent call for and in blank space of a raise this year, the plank rationalized that managing the corporation in the months ahead would be extremely sieveful and that this membership would be a means of reducing the stress bandage enabling the executives to become healthier. Unfortunately, however, the prerogative was not enough. Grumbling good the chain of events, to executives jumped ship. The onces that stayed did so because of their time invested in the companys pension. However, they too were upset over the boards decision. Questions : 1. How did this perk cast been offered are better to these executives ? 2. What do you believe is the reason why most of the executives did not find the perk recognise ? 3. Faced with a mistakable dilemma, what would you have done if you had been the chairman of the board ? What would you do to hold out that the executives are upset ?If you need to get a all-embracing essay, order it on our website: OrderCustomPaper.com
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