Minimum wage arkansas | Management homework help

According to (November 13, 2018) the minimum wage in Arkansas was $8.50 in 2018, and on November 6, 2018 Arkansas Voters passed Issue 5 to increase the state minimum wage to $9.25 January 1, 2019. 

1. Analyze the impact of this increase in the state minimum wage on: 

a. Employees b. Employers 

2. This increase in the state minimum wage is: 

a. An opportunity b. A Threat C. Both and opportunity and a threat 

3. What does a company do about this (other than the obvious of raising the 

minimum wage)? 

3 pages