Question

The chairman of fine textiles corporation faces a serious dilemma.His employees are demanding an average wage increase of 10% over present wages. Since profits are expected to be very small even at present cost levels,the management would not accept another increase in costs unless prices are raised. However,consumer groups are pressing the firms to keep their prices at current levels.What do you think is the most socially responsible thing to do in this situation

Answer 1

very small even at present cost levels,the management would not accept another increase in costs unless prices are raised. However,consumer groups are pressing the firms to keep their prices at current levels.What do you think is the most socially responsible thing to do in this situation

Answer 2

Explanation:

the chairman of find extended consumer group surprising the films to keep the prices at current levels by the most social is possible things to do in this situation