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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