Your Company's Primary Concern Is to Reduce an Expected Labour

question 62

Multiple Choice

Your company's primary concern is to reduce an expected labour surplus fast;its secondary concern is to minimize human suffering.The options that would best address the company's concerns (in the priority indicated) are:

• A) downsizing and pay reductions.
• B) transfers and reducing hours.
• C) early retirement and retraining.
• D) natural attrition and transfers.
• E) overtime and outsourcing.

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Definitions:

Horizontal Communication

A form of communication in which information flows between colleagues and departments of the same hierarchical level within an organization, promoting collaboration and coordination.

Vice President

A title for an executive or an officer ranking just below the president of an organization, typically responsible for a specific department or area.

Research And Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Marketing

The activities, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.