What Are Three Ways to Reduce Labour Expenses by Reducing

question 73

Multiple Choice

What are three ways to reduce labour expenses by reducing the size of the labour force?

• A)technology,job design,and outsourcing
• B)technology,outsourcing,and downsizing
• C)layoffs,downsizing,and restructuring
• D)outsourcing,layoffs,and downsizing

---

Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed on their income.

Component Cost

Component Cost is the rate of return expected by investors on a specific source of financing, such as debt or equity, contributing to the company's overall cost of capital.

WACC

Stands for Weighted Average Cost of Capital, a calculation used to assess the cost of a company's financing including equity and debt.

WACC

The Weighted Average Cost of Capital measures a firm’s cost of capital, weighting each type of capital according to its proportion.