MikeCo Management Recognizes That There Is Insufficient Work Available at the Time

question 81

Multiple Choice

MikeCo management recognizes that there is insufficient work available at the time and they need to send employees home.Management expects the no-work situation to be temporary intends to recall the employees.The action by MikeCo represents a ____________.

• A) job leave
• B) job loss
• C) job layoff
• D) job rationalization

---

Definitions:

Health And Nutrition

A field of study and practice focused on the role of food in maintaining health and preventing disease, encompassing the process of absorbing nutrients for body functions.

Target Market Demographics

The specific characteristics of a population segment at which a company aims its products or services, such as age, gender, income level, and education.

Lower-Price Competitors

Firms that offer products or services at a lower cost compared to other competitors in the market.

Technical Breakthroughs

Significant advancements or innovations in technology that fundamentally change processes, products, or industries.