According to the box “Making Ethical Decisions: Loyalty or Profitability?," a firm must give its employees __________ before closing and/or moving to another location

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24-09-2021
Business

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According to the box “Making Ethical Decisions: Loyalty or Profitability?," a firm must give its employees __________ before closing and/or moving to another location

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anthougo anthougo · Answer 1 · 2021-10-01T18:57:59+02:00

"Making Ethical Decisions: Loyalty or Profitability?" requires a firm to give its employees at least a notice period of 60 days before it can close shop or move to another location.

This requirement enables the employees to get prepared for the effects of the action on their employment status or relocation decisions.

Typically, firms give the following reasons for making a relocation decision:

to reach new markets
to upgrade facilities or equipment
to lower costs or increase cash flow
to start another line of business not suitable in the present location
to consider the quality of life of its employees.

Thus, no matter the reason for closing or moving to another location, the firm should endeavor to give 60 days' notice to its employees.

Read more about making ethical decisions affecting employees at https://brainly.com/question/21329204