Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Assignment

You are the CEO of a medium-sized solar panel firm located in California. The company has been doing well so far but new regulations and rising taxes are hurting the profit margin.

You have been negotiating with the Governor a tax reduction because of the company's green status. You would like to stay in California for the sake of the employees and the small town, which benefits largely from the company's presence in the area. However, talks with the Governor do not look promising.

Two of your major competitors have left the state and are now located in areas where taxes and wages are considerably cheaper. These businesses are already cutting their prices and have taken away one of your major clients. While you have a new product line due out in eight months, which will create a disruption in the marketplace, the wait may be too costly.

You are considering moving the business to New Mexico and have been in negotiations with the Governor there, and it looks almost too good to be true. The two other members of the leadership team are aware of the pending move. Your employees however, do not know of the discussion and the possible move that may require them to relocate or lose their job. It is time to break the news and get everyone on board.

1. Explain in a memo to your leadership team how and when you want the news to be known to the staff.

2. Detail the way the news should be broken and by whom.

3. Discuss how competitive edge relates to the decision and its importance to timing for the move.

4. Provide suggestions to the others as to how to handle the feedback you will get from the news.

Learning Activity #2

1. Compare the vision you had of a "leader" when you started the course and the vision you have today. Be specific in your description.

2. Address the role of social architect in the 21st century, the characteristics, and perspective of the leader as you have come to understand them from the class reading, concepts and ideas presented.

3. What are the major differences between the two visions and therefore the major ideas you will take away from this course?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92021050
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Management

How is philosophy related to leadershiphow are the

How is philosophy related to leadership? How are the philosophical themes of relationalism, ethics and reflexivity related to leadership? How can a philosophical understanding cause leaders to lead differently than a tra ...

What is the process of managing the implementation of a

What is the process of managing the implementation of a major upgrade to an acute care hospital's electronic health record system?

Discuss the question of a common mortality that people of

Discuss the question of a common mortality that people of all nations could share. Is there one moral philosophy that seems to be applied across nations? If so which one and why? Not so, why? Share the individual standar ...

The did you know sidebar on the un global compact on

The "Did You Know?" sidebar on the UN Global Compact on reviewed how the UN is partnering with global businesses. Summarize the commitment and requirements for a business to join the Global Compact. Do these principles s ...

Corporate culture can be a source of strength for a company

Corporate culture can be a source of strength for a company. Discuss the ways in which culture is a strength. Please provide an example of an organization whose culture is a source of strength.

Suppose the production function for a firm is given

Suppose the production function for a firm is given by:  q=4L 0.75 K 0.25 . If the firm currently has  10  units of capital (K) and  10  units of labor (L), then calculate the Marginal Rate of Technical Substitution (MRT ...

What are performance standards and what is the difference

What are performance standards? And what is the difference between KPI's and a performance standard?

In this milestone consider your chosen companys mission

In this milestone, consider your chosen company's mission (purpose for existing) and values. It is also time to evaluate the internal and external environments of the company. You will do this with a Threats, Opportuniti ...

Directionsin the a r s t and u columns corresponding to the

Directions: In the A, R, S, T and U columns (corresponding to the guides in your file), list the numbers of the cards as they are filed in order behind each guide. Start the listing of the numbers at the bottom of each c ...

Many companies have codes of ethics to guide managers in

Many companies have codes of ethics to guide managers in their decision making. However, the evidence indicates that few people rely on a company code of ethics in their decision making. Are the codes valuable? Should co ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As