What Is a Step a Downsized Company Can Take to Counter

question 10

Multiple Choice

What is a step a downsized company can take to counter negative employee emotions?

• A) Demonstrate that the employees that were downsized deserved it.
• B) Build confidence in the company's plans for a stronger future.
• C) Show the organization's commitment to its management.
• D) Encourage employees to work harder, increasing their value and thus keeping them with the company longer.
• E) Pursue a commitment to the customers over a commitment to the community.

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Definitions:

Monetary Items

Assets and liabilities that are to be received or paid in a fixed or determinable amount of money.

Functional Currency

The main currency used by a business or economy, reflecting the primary economic environment in which it operates.

Shareholders' Equity

The residual interest in the assets of an entity that remains after deducting its liabilities, representing ownership value in the company.

Presentation Currency

The currency in which the financial statements of an entity are presented.