( More Assignm...1.docx Question 3 Peter has been a responsible family man for so many years. As a Manager of God is Great International School, he was loved by his workers and was very g enerous to everyone around him. A great manager, father, husband and states man by all standards. His woes started when he invested all his life savings in Menzgold for profit. U nfortunately, he invested in August and the company was shut down in Septe mber. This has affected him financially and he can no longer meet his financia I obligations. He was very determined to continue running the school and hoped to graduall y recover financially. He owed six months arrears with regards to staff salaries as at January 2020. He managed to pay part of the arrears in February with ju st two months left and hoped to complete payments after receiving school fe es for the term. Out of nowhere, COVID-19 took charge of the world, Ghana was affected and all schools were temporary shutdown for dose to eight months now. Since his school is from Class One to Class Six, it falls in the category of schools to ber eopened in January 2021. This decision by government has also badly affected Peter whose debts are ri sing, financial pressure mounting on him at home, from his staff and other dep endents. His wife was pregnant before the lockdown in March and is due to deliver in N ovember. The last scan they took showed that his wife can't give normal deliv ery except through an operation which is very expensive. Food suppliers to the school, caterers and some of the teachers have also rep orted him to the Labour Commission and they have ordered him to pay them i n one month or face prosecution. Peter is obviously under pressure from all angles and needs help a) Analyze Five (5) sources of stress for Peter. Answer this using your u nderstanding of sources of stress in terms of the organization, enviro nment and individual. Note that you need to state the source in the c ase and relate it to any of the sources from your lecture materials an djustify your answer. b) Haven identified the sources of stress he is experiencing, select Five
( More Assignm...1.docx Question 3 Peter has been a responsible family man for so many years. As a Manager of God is Great International School, he was loved by his workers and was very g enerous to everyone around him. A great manager, father, husband and states man by all standards. His woes started when he invested all his life savings in Menzgold for profit. U nfortunately, he invested in August and the company was shut down in Septe mber. This has affected him financially and he can no longer meet his financia I obligations. He was very determined to continue running the school and hoped to graduall y recover financially. He owed six months arrears with regards to staff salaries as at January 2020. He managed to pay part of the arrears in February with ju st two months left and hoped to complete payments after receiving school fe es for the term. Out of nowhere, COVID-19 took charge of the world, Ghana was affected and all schools were temporary shutdown for dose to eight months now. Since his school is from Class One to Class Six, it falls in the category of schools to ber eopened in January 2021. This decision by government has also badly affected Peter whose debts are ri sing, financial pressure mounting on him at home, from his staff and other dep endents. His wife was pregnant before the lockdown in March and is due to deliver in N ovember. The last scan they took showed that his wife can't give normal deliv ery except through an operation which is very expensive. Food suppliers to the school, caterers and some of the teachers have also rep orted him to the Labour Commission and they have ordered him to pay them i n one month or face prosecution. Peter is obviously under pressure from all angles and needs help a) Analyze Five (5) sources of stress for Peter. Answer this using your u nderstanding of sources of stress in terms of the organization, enviro nment and individual. Note that you need to state the source in the c ase and relate it to any of the sources from your lecture materials an djustify your answer. b) Haven identified the sources of stress he is experiencing, select Five
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question 3
Peter has been a responsible family man for so many years. As a Manager of
God is Great International School, he was loved by his workers and was very g
enerous to everyone around him. A great manager, father, husband and states
man by all standards.
His woes started when he invested all his life savings in Menzgold for profit. U
nfortunately, he invested in August and the company was shut down in Septe
mber. This has affected him financially and he can no longer meet his financia
I obligations.
He was very determined to continue running the school and hoped to graduall
y recover financially. He owed six months arrears with regards to staff salaries
as at January 2020. He managed to pay part of the arrears in February with ju
st two months left and hoped to complete payments after receiving school fe
es for the term.
Out of nowhere, COVID-19 took charge of the world, Ghana was affected and
all schools were temporary shutdown for dose to eight months now. Since his
school is from Class One to Class Six, it falls in the category of schools to be r
eopened in January 2021.
This decision by government has also badly affected Peter whose debts are ri
sing, financial pressure mounting on him at home, from his staff and other dep
endents.
His wife was pregnant before the lockdown in March and is due to deliver in N
ovember. The last scan they took showed that his wife can't give normal deliv
ery except through an operation which is very expensive.
Food suppliers to the school, caterers and some of the teachers have also rep
orted him to the Labour Commission and they have ordered him to pay them i
n one month or face prosecution.
Peter is obviously under pressure from all angles and needs help
a) Analyze Five (5) sources of stress for Peter. Answer this using your u
nderstanding of sources of stress in terms of the organization, enviro
nment and individual. Note that you need to state the source in thec
ase and relate it to any of the sources from your lecture materials an
d justify your answer.
b) Haven identified the sources of stress he is experiencing, select Five
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