An instructor has asked students to reflect on the two questions as hypothetical; as if we were working for a top USA based Fortune 50 company providing a service/training customers. The instructor wants general ideas to propel conversation in class. I'm having trouble understanding & providing ideas based on info given from the instructor.
1) How are budgets linked or not linked to manager/employee compensation? Do you think that compensation should be linked to achieving budgeted results? What is the reason for your conclusion?
2) Assume your organization had a sudden decrease in revenue of 15%. How would you suggest the organization respond? What expenses would be most likely be targeted (if any) for immediate reduction?
- The instructor gave a hint to this referencing it as a modern day "stock market crash."