Q$1$: De$$ne the problem statement $($the why and the what$)$ in the following situation:Employee loyaltyCompanies bene$$t through employee loyalty. Crude downsizing in organizations during the recessioncrushed the loyalty of millions. The economic bene$$ts of loyalty embrace lower recruitment and trainingcosts, higher productivity of workers, customer satisfaction, and the boost to morale of fresh recruits. Inorder that these bene$$ts are not lost, some companies, while downsizing, try various gimmicks. Flex leave,for instance, is one. This helps employees receive $20\%$ of their salary, plus employer$-$provided bene$$ts$,$while they take a $6-$to $12-$month sabbatical, with a call option on their services. Others try alternatives likemore communication,hand holding, andthe like.Anonymousanswered thisThis is a typical case on problem statement de$$nition$.$ We are asked to de$$ne the Why $-$ Why is itimportant that we solve the problem, and What $-$ What exactly are the de$$ned boundaries of the problem?The given problem statement is clear:Do the bene$$ts of employee loyalty in terms of economics & employee morale far outweigh the perceived bene$$ts of downsizing an organization? This is a key problem when exists in many organizations today. Organizations recruit when they aregrowing, and eventualy tend to over$-$recruit. They realise their mistake during a fall cycle $($when theirrevenues go through a slump$),$ and decide that it is the right time to "correct" their mistakes. They startlaying o$,$ or start giving voluntary retirements. This has adverse e$$ects on employee morales.Question:Q$1$: De$$ne the problem statement $($the why and thewhat$)$ in the following situation: Employee loya...Expert Answer

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