A Benefit Provided by an Employer to Help an Employee

question 35

Multiple Choice

A benefit provided by an employer to help an employee leave the organization and get a job someplace else is called:

• A) downsizing.
• B) outplacement.
• C) crowdsourcing.
• D) job enrichment.

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Definitions:

Long-Term Growth

A process where the productive capacity of an economy increases over a long period, typically accompanied by higher living standards.

Economic Fluctuations

The ups and downs in economic activity, characterized by periods of expansion and contraction in GDP and other economic indicators.

Production Possibilities Curve

A graphical representation that shows the maximum quantity of one good that can be produced for every possible level of production of another good, assuming a fixed amount of resources.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision or choosing between options.