Business Studies, asked by asherm72, 5 months ago

QUESTION 2

Skyrocket High Tech Limited (SHTL) is one of the leading companies in the country. SHTL has been providing subsidized food facility to its staff consisting of approximately 1,000 employees. SHTL provides a subsidy equivalent to 50% of the cost of food. Due to the persistent economic downturn, revenues and profits of SHTL have declined markedly during the preceding four years. On recommendations of the budget committee, the management of SHTL has decided to withdraw the food subsidy with immediate effect.

Your Task: As head of the Human Resources Department, write a memo informing the staff of the food subsidy's withdrawal assumes other necessary details.

Word Count: 150 - 170 Marks distribution is as follows:

a. Content Ideas/Relevance 02
b. Structure of the Email/Memo (Format, Introduction, Body & Conclusion) 02
c. Language (Formal, Accuracy of grammar and sentence structure)- 03

Answers

Answered by sadhnaentp
0

Answer:

I don't know if you have any problems or problems then you have send me okay

Answered by priyaag2102
0

Following is a memo to the employees regarding the subsidy's withdrawal:

Explanation:

To        : Concerned Employees

From    : Head, HR Department

Date     : 19 December 2020

Subject : Withdrawal of the Food Subsidy.

Dear Team, it is my earnest duty to inform you concerning the recent developments that are taking place within the organization currently, given the current pandemic situation. I feel desolate to inform you that because of the pandemic,  and a number of past course of actions divulging for the past four years, the organization has been suffering a livid loss.

The sales of most of our products has declined drastically. Due to this we are unable to get any new shareholders and the interest of the investors seems to diminish as well. The revenues and the profits have lowered to an accentuating level. While we strive to serve you and the customers to the best of our abilities, there are still some measure that we regret to be taking. On the budget committees recommendation, we will be withdrawing the 50% subsidy on food for our employees.

We, as a united organization hope that by this taking decision we will do good to the entire business and would not harm you as well. Dear team, kindly do not feel dejected, try to see the greater good in this decision and support the organization in these tough times. Anticipating a kind and understanding reaction from your side.

Similar questions