Management 306 Final Memo Write a business memo responding to one of the followi

Question

Management 306 Final Memo Write a business memo responding to one of the following prompts RU-32 You're the CEO of a global pharmaceutical company. After decades of work (and the investment of hundreds of millions of dollars), your scientists have come up with a major breakthrough. Your new drug, RU-32, is a low-cost anti-diabetic medication that dramatically stabilizes insulin levels. If approved, your company will own the patent on a drug worth billions of dollars. However, during Phase llI linical trials, unexpected complications arose, and approval by the FDA is now unlikely. Without FDA approval, you cannot sell RU-32 in the U.S. and most developed countries. However, other countries-primarily developing countries-will allow you to market the drug without U.S FDA approval. You must choose whether to stop all development and cancel the program, or proceed with manufacturing for sale to citizens of developing countries. inform the Board of Directors of your decision. Write a memo explaining your position and your reasons. Be specific and use detailed examples to support your main points Press-Enterprise A statistic taken from the Press-Enterprise states that the average American worker spends about 1.8 hours of every eight hour work day on non-work activities (e.g. personal phone calls, internet surfing, etc.). Estimates suggest this lack of productivity costs American business hundreds of millions of dollars annually, but workers say focusing eight hours a day strictly on work-related business is unreasonable and impossible considering we work more hours than ever before. Additionally, workers argue they need to schedule appointments and daily activities when businesses are open. In your opinion, which side makes a stronger case? Write a persuasive memo to your business arguing one side. Be specific and use detailed examples to support your main points. F2 F3 FS F6 FS F9 F1O

Explanation / Answer

I am choosing the press release prompt to write the memo:

Dear Sir,

It is to be noted that due to the growing cut throat competition and increasing consumerism, the working conditions have significantly deteriorated in the company. Employees are staying in the office after business hours regularly to cope with the workload.

In such a scenario, where long working hours is becoming a lifestyle, it is unreasonable for the business to expect that any employee will be able to concentrate only on work throughout the day. To be prouctive, a little recreation is important from time to time. A coffee break in the evening with co-workers can go a long way in keeping an employee active during a scheduled late night review.

Further, it is to be noted that the business hours for most of the organizations are the same. For example, if the employee has to make a doctor's appointment, it will have to be during the business hours of the clinic.

What needs to be taken into account is the overall productivity, efficiency and hard work of the employee instead of hours worked.

Yours sincerely,

XYZ

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