Which of the Following Conditions Need to Be Satisfied by an Employer

question 33

Multiple Choice

Which of the following conditions need to be satisfied by an employer i n China befor e reduc ing his or her workforc e b y a t leas t 2 0 employee s o r by 1 0 percent ?

• A) The employer is restructuring due to bankruptcy.
• B) The employer is experiencing difficulties in production and operations.
• C) A material (significant) change in the objective economic circumstances has occurred, making performance and fulfillment of the employee contract impossible.
• D) Any of the above.

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Definitions:

Poor Predictions

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A sector of the economy that encompasses the production and distribution of content created to entertain and engage audiences, including films, music, television, and video games.

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Microeconomics is the branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources, typically in markets where goods or services are being bought and sold.

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The economic theory that individuals will make decisions based on the best outcome for themselves, maximizing their utility or benefit.