Which of the Following Statements Is True of Phased Retirement

question 25

Multiple Choice

Which of the following statements is true of phased retirement?

• A) It increases the hiring and training costs incurred by companies.
• B) Employees can no longer avail any of the benefits they would otherwise receive when working full time.
• C) It allows companies to retain experienced, valuable workers.
• D) Employees are provided legal reasoning and a huge compensation to voluntarily retire before the retirement age.

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Definitions:

Ethical

Pertaining to or dealing with morals or the principles of morality; adhering to accepted standards of conduct.

Socially Responsible

Pertaining to individuals or organizations that act in ways beneficial to society, often by engaging in ethical, environmentally friendly, and community-focused activities.

Strategic Leadership

Leadership that involves setting vision, making decisions based on a broad, long-term perspective, and guiding an organization into the future.

Ethical Mind

The capability to recognize and deliberate upon moral values and principles, applying them in one’s decisions and actions.