Friday, April 19, 2019
Case study Example | Topics and Well Written Essays - 500 words - 58
Case test ExampleThe termination was sensitive to emotional and physical factors. It would improve the firms public image in the end. By allowing the use of the premises, the firm upholds personal values. It would create a hearty relationship between the families of the victims and the firm (Bill 1-2).The settlement to the crisis would assist the firm establish the content of the risks. It would draw a framework for evaluating the alternatives for reacting to the crisis. The instruction will feed the time to calculate the probability of success or degree of risks by opening the door to the victims. The resolving assisted in determining the certainty or uncertainty of assisting the victims. If it were beyond their reach, they could harbor consulted the authorities.There were disadvantages of the solution to open the door for the victims. The employees of the firm will be demoralised. They will feel the management did not accept them in deciding on the rationale of opening the door for the victims of the blast. It will reduce the trust of the employees towards the employees. The management did not consider creating the crisis awareness among the employees. The employees did not participate in clarifying the objectives of solving the crisis. In that situation, the chief operating officer should have involved the staff in assessing the situation and involve them in the main decision-making (Archer 289-299).The decision would have caused liability issues. It was necessary for the CEO to consider the legal aspects of the business. Our current society is overly litigious. It requires the businesses to consider regulative aspects. By opening the door to the victims, it will cause concerns to the shareholders and investors of the firm. The investors whitethorn feel the CEO acted against the business regulations and laws. In addition, the firm will experience some degree of indemnification. In addition, the decision to open the door may traumatise the
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