Friday, October 4, 2019
Business Policy and Strategy essay question Assignment
Business Policy and Strategy essay question - Assignment Example Answer: Byte executives should tell all future stakeholders that the plant would run for a three years period only. The purpose behind such a straight and truthful approach is to create a feeling of loyalty among the community members that the company has a clean slate and is not trying to hide truth. It should be left on the prospective employees to adjust their job routine for the next three years only in Plainville. If not all, many would appreciate the companyââ¬â¢s truthfulness and transparency in revealing its intentions. This may also offer enough time to the prospective employees to plan their career accordingly and use their work experience in Plainville plant of Byte for their future growth, making them available for job offers by competitive companies thereafter. Answer: Although Plainville is a small town but it is an industrial town as well where jobs should be in plenty. Prospective candidates for taking jobs at Byte would be only those who value working in the leading company, producing electronic parts, used in personal computers. After spending three years at Byte Products, Inc. Future job opportunities would be relatively lucrative. As there is no legal hurdle in starting a temporary plant at Plainville, corporate responsibility can be fulfilled by offering bonuses to all the employees or giving them some percentage of the profits earned for the market risks covered from competitors, not succeeding in taking away orders of Byte. Future is always full of opportunities and possibilities. An industrial town like Plainville would take care of the supply side of the employment possibilities. When nothing is kept hidden, scope of anguish remains low. After all, it is private sector and the market is becoming increasingly competitive. Answer. In my opinion, the present impasse is based on the future negative outcomes. Assumptions of Williams that for staff strength of 1,200, at least 4,000 people will need to shift after
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