To Minimize the Problems Inherent in Firing Employees, Managers Should

question 54

Multiple Choice

To minimize the problems inherent in firing employees, managers should do which of the following?

• A) Before firing employees, managers should give them a chance to improve.
• B) Employees should be fired if they develop a health problem that will put an unforeseen burden on the company's insurance carrier.
• C) Employees should never be fired in private.
• D) While written records are not necessary, managers should be sure to verbally report the reason for the firing to the human resource department.
• E) None of these statements describes what a manager should do to minimize the problems inherent in firing employees.

---

Definitions:

Strategic Planning

Strategic Planning refers to the process organizations use to define their strategy, direction, and make decisions on allocating resources to pursue this strategy, including capital and people.

Short-Term Forecasts

Financial predictions that cover a short time period, typically less than a year, used for budgeting, planning, and managing immediate cash flows.

Small Business Plans

Strategic documents outlining the business model, goals, financial forecasts, market analysis, and operational strategies for small companies.

Detailed Revenue Targets

Specific, granular goals set for the income that a company aims to generate within a certain period.