Which of the Following Is Used by Companies to Minimize

question 2

Multiple Choice

Which of the following is used by companies to minimize the negative impact on employees after a downsizing?

• A) offering flextime to remaining employees
• B) providing training and development to remaining employees
• C) laying off employees based on performance
• D) outsourcing positions that were eliminated during the downsizing

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Definitions:

Foreign Licensing

A business arrangement where a firm allows another business in a different country to produce and sell its products under its brand in exchange for a fee or royalty.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights.

Distribution

The process by which goods or services are made available to consumers through a supply chain.

Export Management Company

A business that acts as an intermediary between domestic manufacturers and foreign buyers, managing the export process.