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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1893 |
Essay's paper body
The Board of Directors held the perspective that GC was losing its place in the telecommunications industry and that changes were needed in order for the company to survive. The Executive Leadership Team, accountable to the Board and presented a strategic development plan that they believed would increase profitability, the Executive Leadership Team expected the support of their Board of Directors, and the loyalty of employees, but also faced the ethical dilemma of selecting which employees to layoff, and find a tactful way to present the information that there would be a reduction in salary for those who remained with the company...
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The Executive Leadership Team, accountable to the Board and presented a strategic development plan that they believed would increase profitability, the Executive Leadership Team expected the support of their Board of Directors, and the loyalty of employees, but also faced the ethical dilemma of selecting which employees to layoff, and find a tactful way to present the information that there would be a reduction in salary for those who remained with the company...
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General points of the essay
Board of Directors Duty
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