Business Is Bad and You Need to Cut Costs by Reducing

question 55

Essay

Business is bad and you need to cut costs by reducing your employees' work hours or by eliminating several positions. You plan a meeting with your employees to discuss this situation.
-Discuss why it is especially important to communicate bad-news messages in ways that will maintain the audience's goodwill in our increasingly technological age.

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Definitions:

Total Saving

The sum of personal, business, and government savings within an economy.

APS

Average Propensity to Save (APS) is the ratio of total savings to total disposable income, indicating the portion of income that households save rather than spend.

Total Saving

The total amount of income saved by individuals, businesses, and the government, not spent on current consumption.

Disposable Income

The amount of income left for an individual or household after paying all taxes, available for spending, saving, or investing.