Background Information You are the CEO of a large, publically held corporation.You and the Vice-President of Sales started your careers at the company 18 years ago.You and the Vice-President (hereinafter VP) are good friends.Overall revenue is down 23% this year.3rd quarter sales declined to a 15-year-low.Employee benefit costs have risen by over 20%.Your VP is 67 years old.The VP has been with the company for 22 years. The poor economy has forced many key employees to seek employment elsewhere.Your best salesperson has achieved the highest increase in sales during the past 18 months.You plan to promote your best salesperson who is female and of Asian descent.The VP had a coronary bypass 14 months ago and missed 2 months of work.The VPs wife was diagnosed with cancer 11 months ago and is still in treatment for the disease.You want the company car turned over in one week.You want the keys to the office turned over immediately.Company policy dictates the terminated employee must be terminated from the building immediately upon notification. The company recently cancelled their group policy and the employee must find private insurance or sign up for insurance through the government.The employee will receive 1 weeks salary for each year worked.The employee will receive an outsourced office and administrative assistant to help with a job search for up to 60 days.The VP is active in the industry and sits on several boards-of-directors.You must remind the employee that he signed a non-compete contract with your company. The VP is concerned that his reputation will be tarnished.
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