Imagine that you manage human resources for a small business. You have recently prepared a report on the market rate of pay for salespeople, and the company’s owner says the market rate is too high. The company cannot afford this level of pay, and furthermore, paying that much would cause salespeople to earn more than most of the company’s’ managers. Suggest possible measures the company might take to help resolve this conflict.
While at work one day, you hear your co-worker state: “The main objective of a firm’s budget is to see how much cash the company will have in the bank at
While at work one day, you hear your co-worker state: “The main objective of a firm’s budget is to see how much cash the company will have in the bank at the end of the year.” Do you agree with her comments? Why, or why not?