Which of the Following HR Strategies Will Cost a Company

question 56

Multiple Choice

Which of the following HR strategies will cost a company a great deal of money up front?

• A) Offering early retirement packages
• B) Downsizing through attrition
• C) Implementing a hiring freeze
• D) Initiating job sharing
• E) Laying off employees

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Definitions:

Federal Reserve System

The central banking system of the United States, responsible for monetary policy, regulation of member banks, and stabilization of the financial system.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Federal Reserve Board

The governing body of the Federal Reserve System, the central banking system of the United States, responsible for setting monetary policy, regulating banks, and ensuring the stability of the financial system.

U.S. Government

The federal government of the United States, a republic consisting of three branches: legislative, executive, and judicial, established by the Constitution to govern the country.