Several Alternatives to Downsizing Are Available to Organizations Faced with the Challenge

question 81

Multiple Choice

Several alternatives to downsizing are available to organizations faced with the challenge of cutting costs.Which of the following is a short-term cost adjustment alternative?

• A)extending reductions in salary
• B)lending employees
• C)exit incentives
• D)hiring freeze

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Definitions:

Union Shop Contract

An employment agreement requiring non-union workers to join the union within a certain period of hiring, to remain employed.

Union Members

Individuals who are part of a labor union, an organization that represents workers in negotiations with employers over wages, benefits, and working conditions.

Employer

An individual or organization that hires and pays for the services of workers or employees.

Title VII

A section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.