Which of the Following Options Is Considered a Fast Option

question 83

Multiple Choice

Which of the following options is considered a fast option for reducing an expected labor surplus but results in high human suffering?

• A)Early retirement
• B)Retraining
• C)Hiring freeze
• D)Natural attrition
• E)Demotions

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Definitions:

Investment Centers

Segments within a company for which managers have responsibility over cost, revenue, and investment decisions.

Cost Center

A business segment whose manager has control over cost but has no control over revenue or investments in operating assets.

Responsibility Center

Any business segment whose manager has control over costs, revenues, or investments in operating assets.

Buying Division

A segment within a company responsible for purchasing products, materials, and services required for the company’s operations.