A Manager Is Faced with Having to Lay Off Some

question 54

Multiple Choice

A manager is faced with having to lay off some of his staff due to financial losses that the company has suffered.Which of the following channels of communication would be the LEAST effective method for sharing the news with employees,given the sensitive nature of the message?

• A)A face-to-face meeting with each employee
• B)A well-written, empathetic letter to each affected employee
• C)A telephone call to each affected employee
• D)Electronic mail to all affected employees

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Definitions:

Partnership Assets

Resources owned by a partnership that are used in the operation of the business and are subject to division among partners according to their agreement.

Partners' Personal Assets

The personal property or financial resources owned by partners in a business, distinct from the assets owned by the partnership itself.

Total Capital

The sum of a company's debt and equity, representing the total funds that a company can use for business operations or investments.

Net Assets

The total assets of a company or organization minus its total liabilities, indicating its financial health.