Research on Downsizing Indicates All of the Following to Be

question 110

Multiple Choice

Research on downsizing indicates all of the following to be true about downsizing EXCEPT

• A)since 1980,the service industry has accounted for the largest average percentage of firms which downsized five or more percent of their workforces.
• B)downsizing and job insecurity are related to greater alcohol use.
• C)downsizing leads to other stressful events such as financial insecurity.
• D)creativity in the work environment declines significantly during downsizing.

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Definitions:

Conversion Costs

Sum of labor costs and overhead expenses associated with the transformation of raw materials into finished goods.

First-In

Typically part of the phrase "First-In, First-Out" (FIFO), a method used to assign costs to inventory on the basis that the first items entered into inventory are the first sold.

Equivalent Units

A term used in cost accounting to denote a conversion measure that expresses the amount of work done on partially completed units in terms of fully completed units.

Conversion Cost

The cost associated with converting raw materials into finished products, typically including labor and overhead expenses.