Business Is Bad and You Need to Cut Costs by Reducing

question 31

Multiple Choice

Business is bad and you need to cut costs by reducing your employees' work hours or by eliminating several positions. You plan a meeting with your employees to discuss this situation.
-Which of the following statements works best to soften the impact of the bad news?

• A) Unfortunately, your warranty does not cover the kind of damages that you have caused.
• B) Because the damage was due to your negligence, the repair cost is your responsibility.
• C) These repairs cannot be performed free of charge.
• D) Your warranty extends only to manufacturing defects, not accidental breakage.
• E) We must reject your claim as the damage in this case was your fault.

Recognize the significance and characteristics of a protean career.

Grasp the principles of personality assessment tools like Myers-Briggs Type Indicator (MBTI) and their implications for personal development and team dynamics.

Understand the role of job experiences, including transfers, promotions, and job enlargement, in employee development.

Recognize the importance and methods of providing feedback to employees for their development.

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Definitions:

Socioeconomic level

A categorization of individuals or groups based on their economic and social position in relation to others, determined by factors like income, education, and occupation.

Race/ethnicity

Categories that distinguish people in terms of physical characteristics, ancestry, historical affiliations, or shared culture.

Remarry

The act of getting married again following a divorce or the death of one's spouse.

Custodial parent

The parent who is granted the primary right to determine the child's upbringing, including living arrangements and day-to-day care, in the event of a divorce or separation.