Samir Has to Lay Off a Long-Term Employee as a Result

question 67

Multiple Choice

Samir has to lay off a long-term employee as a result of the downturn in the economy.Which communication channel would be most appropriate to deliver this message?

• A)email
• B)telephone
• C)instant messaging
• D)face-to-face
• E)memo

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Definitions:

Tangible Costs

Direct expenses that a company can easily measure and account for, such as raw materials, labor, and overhead costs.

Location Decisions

The process of choosing geographical locations for business operations, factoring in costs, convenience, logistics, and strategic objectives.

Location Decision

The process of determining the best place for a business to operate in terms of costs, resources availability, logistics, and market accessibility.

Maximize Profit

The strategy of making business decisions that increase the difference between total revenue and total cost to the highest possible level.