When Firms Lay Off Employees They Are

question 28

Multiple Choice

When firms lay off employees they are

• A) treating employees as an intangible resource.
• B) recognizing the reduced value of labor in the value chain.
• C) eroding the organization's knowledge resources.
• D) temporarily sacrificing a tangible asset that is easily replace.

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Definitions:

Wrapper Classes

In Java, classes that provide a way to use primitive data types (int, char, etc.) as objects.

Primitive Types

Basic data types provided by a programming language as built-in types, such as int, float, and boolean in Java, representing simple values.

String Class

A class in Java used to create and manipulate sequences of characters.

Mutable Class

A type of class in programming whose instances can be modified after they are created.