AaBbCr AaBbcct AaB Heading 1 Heading 2 Title AaBbCcD AaBbCcD AaBbCcD AaBbCcD Normal T No Subtitle Subtle Em.. Emphasis Intense E.. Chapter 5 Assignment Last year, your company initiated a major effort to improve productivity throughout the company. During the first few months, little improvement was made. Recently, however, major gains, exceeding 20 percent, have been made in both the packaging and equipment repair departments. You would like to commend them for their achievements, and announce to the other departments that gains are possible. You are also aware that some production employees believe that significant gains in productivity means the loss of some jobs because the company will be able to achieve the same output with fewer employees. Another local company laid off 5 percent of its workforce shortly after announcing productivity gains. Nonetheless, you believe that by achieving even modest productivity gains, your company will become more competitive and therefore be able to capture a larger share of the market. You believe that increased demand will more than offset productivity gains, and may even require hiring more employees. Naturally you cannot guarantee this, although you are optimistic about the chances that this will occur. 8 Write a one-page memo to employees that covers these points