The Eastland Shutdown
Title: The Eastland Shutdown
Category: /Business & Economy
Details: Words: 374 | Pages: 1 (approximately 235 words/page)
The Eastland Shutdown
Category: /Business & Economy
Details: Words: 374 | Pages: 1 (approximately 235 words/page)
For a plant that has been in operations for more than 20 years and had over 2,000 employees, the shutting down of the Speedy Motor Company should have been handled in a more professional manner, rather than giving less than one month's notice.
If their business had fallen near to nothing over a period of time, as stated by the company executives, then the company could have already been letting its employees know of the possibility of
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that came around for signing upon once a year for all interested. And the employees would be aware of this by way of a notice in with their check the week before. By doing this all would have time to think about to ensure also that they do not miss their opportunity for enrollment in the plan.
Reference: Beauchamp, T., Norman, B. (2004) Ethical Theory and Business (7th ed.). Upper Saddle River, NJ. Pearson Education, Inc.