IBM Protects Itself from the Need to Layoff Traditional Employees

question 81

Multiple Choice

IBM protects itself from the need to layoff traditional employees by hiring a large group of contingent workers who understand that their jobs are temporary. IBM is using the alternative to layoffs.

• A)voluntary time off plan
• B)downsizing approach
• C)rings of defense approach
• D)voluntary reduction in pay plan
• E)take vacation plan

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Definitions:

Arbitration

A method of dispute resolution where an impartial third party, called an arbitrator, makes a decision to resolve a dispute outside of court.

Private Civil Trial

Trials run according to the same rules of procedure and evidence as trials run under the official auspices of the court. In a private trial, the parties can hold the trial when and where they choose, and they can choose the judge. Lengthy civil cases are well-suited to this approach.

Retired Judge

A former judge who has ended their official career on the bench but may still perform certain judicial duties on a temporary or part-time basis.

Official Trial

A formal examination before a competent authority where evidence is presented to determine guilt or innocence in a legal case.