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When an Employee Remains with a Firm Because He or She

question 125

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When an employee remains with a firm because he or she faces significant exit barriers, this can be characterized as:


Definitions:

Performance Problem

Occurs when an employee's work does not meet established standards or expectations due to various factors like lack of skills or motivation.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Downsizing Strategy

A business strategy involving the reduction of a company's workforce in order to cut costs and improve efficiency or profitability.

Voluntary Severance

An option allowing employees to choose to leave their positions in exchange for a pre-determined compensation package.

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