LK Corporation Has Recently Downsized Its Operations

question 49

Multiple Choice

LK Corporation has recently downsized its operations.The trend towards healthy eating has led to fewer purchases of lollipops and suckers,the principal product of the firm.Knowing that Halloween is approaching and that sales will improve,the company has told the media that the workers will be rehired as soon as sales improve.In planning to rehire the laid off workers,LK Corporation is attributing the layoffs to the ________.

• A) self-interest
• B) allocation of resources
• C) decentralized decision making
• D) business cycle
• E) unemployment

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Definitions:

Alcohol

A chemical substance found in drinks such as beer, wine, and spirits that can cause intoxication and has various effects on the body.

Beriberi

A disease resulting from lack of vitamin B1, thiamine.

Vitamin B

A group of water-soluble vitamins that play significant roles in cell metabolism.

Thiamine

A water-soluble B vitamin (B1) essential for glucose metabolism and normal nerve, muscle, and heart function.