Imagine You Work for a Low-Tech Company That Is Not

question 67

Multiple Choice

Imagine you work for a low-tech company that is not experiencing any market growth.The company is thinking of laying off 40% of its employees as a way to cut costs.Which of the following might save as many costs as a massive layoff?

• A)not renewing contracts for temporary and part-time workers
• B)job sharing
• C)reducing the hours in a standard workweek
• D)temporary leaves
• E)all of the above

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.

Convertible Debt

A type of bond or loan that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.

Issuing Companies

Corporations or entities that offer financial securities, like stocks or bonds, to the public in order to raise capital.

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of the company's shares at certain times during their life, usually at the discretion of the bondholder.