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When Managers Find That Their Employee Supply Is Larger Than

question 90

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When managers find that their employee supply is larger than its demand, they may decide to use attrition or layoffs and transfers to correct the problem.


Definitions:

Line Responsibilities

Duties and tasks directly involved in the operations of an organization and its core business functions.

Services

Economic activities that result in the production of non-physical goods and benefits, such as consulting, banking, or education.

Managerial Accounting

The process of identifying, measuring, analyzing, and interpreting financial information for the purpose of improving management decision-making.

Useful Information

Information that is relevant and beneficial for decision-making processes.

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