"Layoffs Improve Efficiency and Lower Costs

question 77

Multiple Choice

"Layoffs improve efficiency and lower costs." How would you best describe this statement?

• A) It's True. Smart cost reductions save companies in trouble.
• B) It's False, although downsizing was highly regarded at first.
• C) It's False. Downsizing does not have positive benefits for the organization.
• D) It's True, but only for some organizations; others do better by offering a strong commitment to job security.

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Definitions:

Identification

The process of associating oneself closely with other individuals and their characteristics or adopting aspects of their identity into one’s own personality.

Isolation

The state of being separated from others, which can be physical, social, or emotional, often leading to feelings of loneliness or separation.

Adolescent Search

The process through which adolescents explore and examine their identity, values, and beliefs to define their personal sense of self.

Identity

A person’s sense of self that is developed over time, incorporating elements of personality, values, beliefs, and social roles.