Svetlana Wants to Facilitate the Turnaround of Her Company, TechLighting

question 64

Multiple Choice

Svetlana wants to facilitate the turnaround of her company, TechLighting, by using outsourcing. Considering this, which of the following would she most likely support?

• A)firing 10 percent of her workers in the marketing department
• B)contracting with a company in India to have it do TechLighting's marketing
• C)combining TechLighting's research and marketing departments
• D)allowing TechLighting's research department to have more autonomy

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Definitions:

Employee Retention

Strategies and practices aimed at keeping valuable employees within a company to reduce turnover and maintain productivity.

Mass Customizing

A production and marketing strategy that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Employment Experience

The accumulation of knowledge, skills, and attitudes acquired by individuals through participating in the workforce.

External Supply of Labour

Refers to the availability of potential employees outside the organization, which can be influenced by factors such as demographic changes and education levels.