51. Mini Business Case Study
I am the president of Babson Manufacturing, which is currently losing a lot of money due
to the recent economic downturn. I have an obligation to my shareholders to do whatever
is necessary to turn the company around financially. I also want to be fair and honest with
my employees. After considering various options, I can see I will have to lay off 300
people immediately. I suspect that I may have to lay off an additional 100 employees later
on, but right now I need those people to finish an important project. I could tell these 100
people that there is a possibility they will also be laid off, when the project is completed.
In that case, many of them may try to find jobs elsewhere. Or, I could keep this
information to myself, and hope that it won’t be necessary to lay off any more people.
What should I do, and why?
FORMAT: to 1 page single-spaced – no shorter- (about 300 words, minimum.)
ASSUMPTIONS: Make realistic assumptions to provide further detail to the analysis.
COVER ALL SIDES: Present a careful and thorough analysis of the strengths and
weaknesses of the different possible approaches suggested in this case. Persuade readers
to agree with the side you support
