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To Combat Increasing Competition by Lowering Its Prices, Rumbearc Inc

question 80

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To combat increasing competition by lowering its prices, Rumbearc Inc., a paper carton box manufacturing company, decides to mechanize most of its production processes. Subsequently, Rita, the chief human resources officer of the company, makes a media announcement regarding its decision to lay off 600 employees. In the context of managerial roles, which of the following roles does Rita illustrate in this scenario?


Definitions:

Agribusiness Company

A business involved in the industrialized production, processing, and distribution of agricultural goods.

Cow Vaccine

A biological preparation that provides active acquired immunity to specific diseases affecting cattle.

Current Account

Part of the balance of payments of a country, including transactions in goods, services, primary income, and secondary income.

Financial Account

A component of a country's balance of payments that records transactions involving domestic and foreign financial assets and liabilities.

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