Some Companies Are Managing the Labour Shortage Created by Retiring

question 62

Multiple Choice

Some companies are managing the labour shortage created by retiring employees by

• A)offering "retirees on call" programs.
• B)offering bonuses to employees about to retire to stay on past normal retirement age.
• C)contracting out work performed by retiring employees.
• D)hiring younger workers who are able to work harder and longer hours than the older employees they are replacing.
• E)making greater use of information technology to automate functions performed by retiring employees.

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Definitions:

Ideology

A system of ideas and ideals, especially one that forms the basis of economic or political theory and policy.

Value Judgments

Assessments or opinions about the worth, desirability, or importance of something based on personal values or societal standards.

Oppositional Cultural Forms

Cultural expressions that challenge, critique, or seek to change mainstream or dominant cultural norms and values.

Incorporation

The process of legally declaring a business entity as separate from its owners, providing limited liability and other benefits.