Acme Global Has a Very Large Labor Surplus and Needs

question 14

Multiple Choice

Acme Global has a very large labor surplus and needs to cut costs quickly.Its best method for dealing with its surplus would be ______.

• A) downsizing
• B) early retirement
• C) job sharing
• D) natural attrition

---

Definitions:

Dominant Strategy

A strategy in a game theory scenario where one option is best regardless of what an opponent decides to do.

Store Expansion

The process by which a retail business opens additional locations or increases the size of existing ones to reach more customers or offer more products/services.

Dominant Strategy

In game theory, a strategy that is the best choice for a player, no matter what the other players do.

Drug Dealers

Individuals or entities involved in the illegal trade of controlled substances.