Which of the Following Is a Method Companies Use to Reduce

question 156

Multiple Choice

Which of the following is a method companies use to reduce their labor costs?

• A)Paying overtime to get a job done in fewer days
• B)Offshoring
• C)Both paying overtime to get a job done in fewer days and offshoring.
• D)Neither paying overtime to get a job done in fewer days nor offshoring

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Definitions:

Group Effort

The combined effort and collaboration of members working together towards a common goal within a group or team.

Managerial Task

Managerial task refers to the specific duties, responsibilities, and activities that managers are required to perform as part of the management process, including planning, organizing, leading, and controlling.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty.

Operative Goal

A specific, detailed target that an organization aims to achieve, often related to its day-to-day operations.