Critical Thinking
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Title: Critical Thinking

Essay Details:

Subject: Business
Author: Jennifer S
Date: June 14, 2014
Level: University
Grade: A
Length: 2 / 574

Essay text:

With the statewide attention and the newspaper headlines it made, staff was cautiously hoping for the best, but realistically preparing for the blow. After an analysis of the first quarter financial statement losses, urgent action was imminent. The management team formed tasks forces to create budget contingency plans reflecting a seven percent reduction. Obvious items immediately were cut: travel, outside training seminars, unnecessary consulting fees, and temporary labor, but still more was needed. The management team sought additional reductions, so they formed brainstorming subgroups in their departments...

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