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When Terrence Explained to the Employees Why Layoffs Were Necessary

question 128

Multiple Choice

When Terrence explained to the employees why layoffs were necessary, he spoke about return on investment, debt, and cash flow-terms his shareholders clearly understood. But his employees had no clue what he meant. Terrence's explanation would have been more effective if he had ________.


Definitions:

Sharing Information

The act of disseminating knowledge, data, or insights among individuals or groups to facilitate collaboration or decision-making.

Competitive Advantage

The unique attributes or capabilities that allow an organization to outperform its competitors.

Socially Responsible

Refers to actions and policies of individuals or organizations that consider the well-being and fairness towards society and the environment.

Intuition

An experienced-based way of knowing or reasoning in which the weighing and balancing of evidence are done unconsciously and automatically.

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