answersLogoWhite

0

I would suspect that it would perhaps result in downsizing within the organization and cause the displacement of workers who previously occupied the positions that supported the business process. The unemployed workers would increase the number of claims for unemployment and join in the search for new jobs. If a new job could not be secured before unemployment benefits ran out then they would increase the numbers applying for welfare benefits. Without an adequate income to pay mortgages, car notes, credit card debt, etc. the rate of consumer debt default would increase. If a marriage was involved, it would be strained and could result in divorce. If children are involved, they could becomeridiculed in school for being poor, homeless and on welfare. The pressure on the individuals who lost their jobs could become so great they may seek comfort in alcohol or illegal or prescribed drugs and become alcoholics or drug addicts. To feed their addiction they may start to steal or rob and may wind up in jail as a result.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Communications

What is difference between social letter and business letter?

The main difference between a social letter and a business one is that a social letter has a more friendly tone. Business letters are usually more professional in tone and style.


How does individual and national cultural variable effect business communication?

Cultural variables that can affect the communication process by influencing a person's perceptions have been identified by Samovar and Porter and discussed by Harris and Moran, Ronen, and others.9'10 These variables are as follows: attitudes, social organization, thought patterns, roles, language (spoken or written), nonverbal communication (including kinesic behavior, proxemics, paralanguage, and object language), and time. Although we discuss these variables separately, their effects are interdependent and inseparable, or, as Hecht, Andersen, and Cultural Variables in the Communication Process : Communication article from Comparative Management Category Cultural Variables in the Communication Process Cultural Variables in the Communication Process Communication article from Communication Comparative Management.Free learning from data about Cultural Variables in the Communication Process Communication Comparative Management Business Management,online business management,business management classes,online business management degrees


Difference between social communication and business communication?

The formality of business communication and that of social communication narrowly differs. Business communication is more formal and detailed.


What is the best social networking software for employee communications in business?

operamini


What are examples of Modern ICT tools?

travels,places'libraries,social sciences,business

Related Questions

What is business processing and outsourcing?

The practice of contracting a specific work process or processes to an external service provider is known as business process outsourcing (BPO). Payroll, bookkeeping, telemarketing, data recording, social media marketing, customer service, and more services are available. BPO services are typically used to fulfil additional — rather than core — corporate activities, and can be either technical or nontechnical.


Define social responsibility accounting?

Its a new phase to development of accounting and its birth to increase the social awareness. the social effects of business decisions in addition to the economic effects.


How is social system effects the organizational?

Social system effects the organizational which is increasingly competitive with dynamic business world. Making managers develop appropriate business strategies that will turn into an organization in the long run.


What are the examples in outsourcing?

Here are some common examples of outsourcing, especially relevant for businesses like mortgage broking, accounting, and other service-based industries: Mortgage Broking Outsourcing Loan Processing Support – Collecting documents – Lodging applications in lender portals – Chasing banks for updates Credit Assessment & File Prep – Reviewing credit reports – Preparing fact finds and summaries Post-Settlement Support – Client follow-ups – Cross-sell opportunities (e.g. refinance reminders) Accounting Outsourcing Bookkeeping – Data entry, reconciliations, payroll BAS & Tax Prep – Drafting for review by local accountants Year-End Compliance – Preparing workpapers, financial statements SMSF Support – Admin and compliance processing Virtual Assistant/Back-Office Outsourcing Calendar and email management CRM data entry and cleanup Client follow-up calls and reminders Report generation and slide decks Marketing Services Social media planning & posting Blog writing & newsletter support Designing flyers and creatives Basic SEO and web updates Customer Support Outsourcing Answering client queries via chat/email Call handling or appointment setting Ticket tracking and resolution


What is the difference between impact outsourcing solutions and strategic outsourcing solutions?

Strategic Outsourcing Solutions is an outsourcing company based in TonaWanda, NY. Impact Outsourcing Solutions is an outsourcing company based in Griffin, GA. They offer similar services, however Impact Outsourcing has a much larger customer base, several more locations, and is a more popular service in general.


What are the effects of social process?

ppapati naite nmone vallata qus chodikate midathe eruno


Where you get outsourcing contracts?

Outsourcing contracts are agreements made between you and the outsourced service provider or vendor. You can get clients through your web site, through social networking sites for businesses, or by placing a bid on outsourcing sites on the Web.


Short note on social accounting?

It is the process of communicating the social and environmental effects of organization's economic actions to particular interest group within society.


Where is the best place to advertise your editorial business?

The best place to advertise your editorial business is in the affordable seo company that offers cheap seo services. Lots of business process outsourcing can you to achieve your business goal.


What effects do social trends have on business?

Social Trends draws together social and economic data from a wide range of government departments and other organisations to provide a comprehensive guide to society today, and how it has been changing.


What is a social audit?

Social Audit is basically a process through which organizations are enabled to assess and demonstrate the social, economic and environmental limitations and benefit for itself. This process helps in measuring the extent to which organizations hold to their shared values and objectives. In other words, a social audit is a review of a business' social responsiveness.


What are the three legacies of the Reformation?

The three legacies are religious, social, and political.