Beyond the Upfront Costs,voluntary Separation Programs Often Have the Following

question 63

Multiple Choice

Beyond the upfront costs,voluntary separation programs often have the following drawback

• A) some employees with needed skill sets will take the voluntary separation option.
• B) the method is viewed as less "humane" than layoffs with severance pay.
• C) this method is often too slow to generate a large number of immediate separations.
• D) the enhancement of the paternalistic culture of the organization leads employees to feel a sense of entitlement

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Definitions:

Market Equilibrium

occurs in a market when the quantity supplied equals the quantity demanded, typically represented by the intersection of supply and demand curves.

Surplus

An excess of production or supply over demand, often resulting in a decrease in prices.

Equilibrium Price

The rate at which the supply of products aligns perfectly with the demand for these goods.

Quantity Demanded

The amount of a good or service consumers are willing and able to purchase at a given price level, during a specified period.