Which of the Following Terms Refers to Permanently Dismissing a Relatively

question 71

Multiple Choice

Which of the following terms refers to permanently dismissing a relatively large proportion of employees in an attempt to improve productivity and competitiveness?

• A) downsizing
• B) offshoring
• C) outsourcing
• D) bumping

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Definitions:

Human Resource Shortages

Human resource shortages occur when there is a lack of qualified, skilled workers available to fill job positions within an organization, industry, or geography.

Hiring Freeze

A temporary halt on hiring new employees, typically implemented by an organization to reduce costs.

Contracting Work

The practice of hiring external contractors to perform specific tasks or projects rather than employing full-time staff to do the same work.

Contract Workers

Individuals employed on a temporary basis to complete specific tasks or for a set period, often without the benefits provided to permanent staff.