Describe the structure of the company, and the distribution of tasks between those employed at and those employed above the minimum wage. What effect do you believe this to have upon stakeholders morale? Do you think the minimum wage increases or decreases this organizations profitability and efficiency? How must the organizations managers adjust their leadership strategies to account for the variety of factors arising from the minimum wage?
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Most noneconomists believe that minimum wage laws protect workers from exploitation ... in the minimum wage would decrease employment of low-skilled workers by 1 or 2 percent.
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Describe the structure of the company, and the distribution of tasks between those employed at and those employed above the minimum wage. What effect do you believe this to have upon stakeholders morale? Do you think the minimum wage increases or decreases this organizations profitability and efficiency? How must the organizations managers adjust their leadership strategies to account for the variety of factors arising from the minimum wage?
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