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As part of efforts to enhance product market competitiveness, GC has taken steps to control compensation costs. In as much, the stock market has been closely scrutinized as market price per share depreciated more than 50 percent over a three year period. As a result of cost control efforts that will improve profitability, the company plans to cut overhead costs by downsizing their workforce and market itself more aggressively internationally by outsourcing work to India and Ireland with the goal of becoming a global resource within three years.
The psychological contract and continuance commitment are key concepts to understand the issues and opportunities facing Global Communications (GC)...
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Common topics in this essay:
- Gene Situation Analysis and Problem Statement
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