Management Can Most Likely Minimize Problems with the Remaining Workforce

question 72

Multiple Choice

Management can most likely minimize problems with the remaining workforce after a layoff by:

• A) explaining the financial reasons for the layoff.
• B) minimizing communication to eliminate rumors.
• C) initiating close supervision of the remaining workers.
• D) preparing for litigation with former and current employees.

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Definitions:

Bonus

An extra payment given to employees as an incentive or reward beyond their regular compensation.

Admission Fee

A charge for entry, often used in the context of events, clubs, or institutions.

Capital Balance

The amount of money in a firm's capital account, reflecting the owner's initial investment plus retained earnings.

Profits and Losses

A financial statement that shows the revenue, costs, and expenses over a certain period, determining the company's net income or loss.