Read: Decision Making (pages 18-30)
GME Consulting Company case
Question: See questions at the end of the GME case. Note: a spreadsheet works well for this case with explanations.
1. Decide on a pay increase for each consultant (in both dollars and percentage-over-current-salary).
2. Provide a rationale for your allocation decisions. What factors were most important to you? Least important?
3. What are the most likely consequences of your allocation decisions, both positive and negative?
4. Would you be comfortable making the pay raise information public? Why or why not?
Answer & Explanation
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