Case Study Essay Example | Topics and Well Written Essays - 250 words - 9

Case Study - Essay Example Lastly, the company can downsize to keep its profit intact. Firstly, whereas the â€Å"do nothing† alternative is ‘cheap,’ it can legitimize similar problems in future. Secondly, investigations are time-consuming and costly, but create an excellent precedent for accountability. Thirdly, seeking financial assistance would increase the company’s debts and affect the profits (Maurer, 1996). Lastly, downsizing would limit expenses, but can overburden the workforce and impact on service quality as well as profits. Hiring fewer, competent supervisors and carrying out regular audits is the best alternative that would limit such problems (Hammond, Keeney, & Raiffa, 1999). This option would enhance accountability and limit operational costs. Rest Assured needs to carry out thoughtful planning and execution of financial decisions through involvement of all of the relevant stakeholders. This way, Maurer (1996) says stakeholder resistance and sabotage in a worst case scenario would be avoided. In summary, financial problems require thoughtful solutions, since any wrong decisions would have long-term impacts on the financial position and viability of the business. Doing nothing ensures consistency but has the potential to create more serious problems; audits are costly, but improve accountability; seeking financial assistance would keep the company in business, but add to company debts; downsizing limits service quality and