All of the Following Are Adverse Effects of Layoffs Except

question 78

Multiple Choice

All of the following are adverse effects of layoffs except _____

• A) voluntary turnover rises.
• B) unrealized productivity.
• C) lower morale
• D) lower financial gains than expected.

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Definitions:

Subjective Utility

A measure of the perceived value or benefit that an individual assigns to an outcome or choice.

Objective Value

The inherent worth of an item, task, or job, based on measurable and tangible factors as opposed to perceived or subjective value.

Decision-making Process

The cognitive process resulting in the selection of a belief or a course of action among several possible alternatives.

Availability Heuristic

An intuitive leap based on readily accessible examples in one's memory when considering a certain theme, notion, strategy, or judgement.