In Which One of the Following Decruitment Methods Does an Organization

question 97

Multiple Choice

In which one of the following decruitment methods does an organization refrain from filling the openings created by voluntary resignations or normal retirements of its employees?

• A) firing
• B) layoffs
• C) attrition
• D) transfers

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Definitions:

Economic Losses

Financial losses experienced by a business or economy, often resulting from unfavorable business conditions or poor investment decisions.

Perfectly Competitive

A market structure characterized by a large number of small firms, homogeneous products, free entry and exit, and perfect information, where no single firm can influence the market price.

Disequilibrium

A situation in a market where supply does not equal demand, leading to a temporary imbalance and potential for price changes.

Incentive

A factor, either monetary or non-monetary, that motivates individuals or entities to perform an action or engage in a certain behavior.