The Implicit Contract Theory Supports the "Last-Hired, First-Fired" Rule Because

question 56

Multiple Choice

The implicit contract theory supports the "last-hired, first-fired" rule because, according to this theory, ________.

• A) employees increase their productivity with experience
• B) collective bargaining produces rules and procedures to ease the tension between the union and the management
• C) the career strategy of employers encourages employees to commit themselves to steady productive work
• D) employee turnover rate depends on the benefits provided to them such as flexible work scheduling

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Definitions:

Business Objectives

Specific and measurable goals set by a business as part of its planning process, aimed at achieving its overall mission.

Cost Effective

A term describing an action or method that provides good value or outcome for the resources invested.

Key Decision Makers

Individuals or groups who have the authority to make critical decisions within an organization or project.

Medium

A means or instrumentality for storing or communicating information.