Scenario 1.3: HRM Challenges-Staffing Cuts

question 159

Multiple Choice

Scenario 1.3: HRM Challenges-Staffing Cuts
Artic Learning Systems was under pressure to reduce staffing costs and improve productivity.They took advantage of a Canadian federal program involving work-sharing and encouraged people to use any banked overtime.In some cases,employees were working 50% less.SunSystems Learning,in the same industry,was under the same pressures and decided to do an across the board reduction and laid off 50% of their employees based on performance.Both companies' organizational strategic plans indicated significant growth within a year due to new communication technologies and the ability to provide their learning systems globally.They both assess the best practices of other organizations looking for ways to enhance their performance.
-Please refer to Scenario 1.3.What would be one of the most significant current business challenges faced by these two companies?

• A)demographics and employee concerns
• B)culture changes and environment
• C)business sector survival and globalization
• D)environment and staffing

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Definitions:

Intangible Asset

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Newspaper Mastheads

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AASB 138

An Australian Accounting Standards Board standard that prescribes the accounting treatment for intangible assets not covered by other AASB standards.

Research Phase

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