Which of the Following Are Methods Used by Employers to Meet

question 67

Multiple Choice

Which of the following are methods used by employers to meet their objectives:

• A) efficiency
• B) grievances and arbitration
• C) control
• D) social activity
• E) environment

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Definitions:

Discontinuance

The act of ending or terminating a business operation or the production of a product line.

Current Year

The present calendar or fiscal year in which a company operates and reports financial transactions.

Opportunity Cost

The benefit foregone by choosing one alternative over another.

Cash Outlay

The actual expenditure of cash or cash equivalent for purchases or services.