MATCHING Complete the Following Using the Terms Listed

question 54

Multiple Choice

MATCHING
Complete the following using the terms listed.
-_____ is the process of reducing the number of employees within a firm by eliminating jobs.

• A)Job enlargement
• B)360-degree performance review
• C)collective bargaining
• D)Theory Y
• E)Downsizing
• F)outsourcing
• G)Flexible work plans
• H)grievance
• I)401(k) plans
• J)human resource management
• K)performance appraisals
• L)Employee separation
• M)lockout
• N)arbitration

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Definitions:

Managerial Accounting Information

Accounting information aimed at helping managers within the organization make decisions.

External Users

Individuals or entities outside a company who rely on financial information to make decisions, such as investors, creditors, and regulatory bodies.

Planning and Control Decisions

The process where management sets goals for the organization and decides on the actions to achieve these goals as well as monitoring the progress.

Just-In-Time Manufacturing

A production method aimed at reducing inventory costs by receiving goods only as they are needed in the production process.