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The Stinky Cheese Company Has Just Realized That They Must

question 246

Essay

The Stinky Cheese Company has just realized that they must the lower pay of all employees.They need to inform employees about the new policy, but they are concerned about employees' reaction and resistance to it.They want to make sure that employees perceive the new policy as fair.What should they do?


Definitions:

DS Services of America

A beverage company that specializes in water delivery and coffee service to homes, offices, and retail establishments in the United States.

Coffee Delivery Systems

Methods or services designed to deliver coffee or coffee products directly to consumers or businesses.

Inelastic Demand

A market situation where the demand for a product does not significantly change in response to price changes.

Elastic Demand

A situation in the market where the desire for a product or service sharply varies with the adjustments in its cost.

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