It's nice to have a holiday party.
James is a manager at his office and in charge of company events this holiday season.
James wants to cut costs overall to save the company money.
James finds ways to have the Christmas party while spending less money than usual.
James decides to cancel the annual Christmas party to save money on it.
The employee have increased morale as they spend more leisure time together.
The employees are demoralized because they always look forward to it.