[Solved by Nursing Experts] Shareholder Value ” —
In 400 words or more, answer the below statement using at least two scholarly citations and your textbook (attached). The citations must be in the current APA format.
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now
As an employer wants to reduce the production cost during the economic recession, he/she could choose to (1) lay off some workers without changing wages or (2) keep all workers but cut wages for all. Which method would you choose? Why?
- “Masters, provide your slaves with what is right and fair, because you know that you also have a Master in heaven” (Colossians 4:1, NIV).
- “Look at the birds of the [a]air, that they do not sow, nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not worth much more than they?” (Matthew 6:26, NIV).
- “He who oppresses the poor taunts his Maker, But he who is gracious to the needy honors Him” (Proverbs 14:31, NIV).
- “…Encouraged by Wall Street investors, many companies over the past decade have slashed their full-time workforces, reduced benefits and demanded more output from the remaining workers…Many workers sense that they’re merely expendable components of an impersonal production process involving the manipulation of employees for the sole objectives of the maximization of profit and shareholder value.” — John Stapleford, Bulls, Bears, and Golden Calves. IVP Academic (p. 104)