What Is the Best Course of Action for Dealing with Continued

question 35

Multiple Choice

What is the best course of action for dealing with continued ineffective performance?

• A)take disciplinary action
• B)transfer the employee to a different department
• C)schedule the employee for retraining
• D)modify the working conditions to increase job satisfaction

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Definitions:

General Partnership

A business arrangement where two or more individuals share ownership and the responsibility for managing a company and the liability for the company's debts.

Limited Liability

A legal framework where a company's shareholders' financial liability is limited to the amount they invested in the company.

Ease of Formation

The simplicity with which a new business or organization can be legally established.

Treasury Stock

Shares bought back by the issuing company, reducing the amount of outstanding stock on the open market.