The Advantage of Attrition as a Means of Reducing an Employee

question 145

Multiple Choice

The advantage of attrition as a means of reducing an employee surplus is that

• A)it is a fast process
• B)it guarantees the loss of the most expendable employees
• C)it does not involve resignation or retirement
• D)it usually presents the fewest problems to the organization
• E)does not include employees who die at work

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Definitions:

Industrial Revolution

A period of major industrialization during the late 18th and early 19th centuries that transformed largely agrarian, manual societies into industrial and urban ones.

Economic Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Two-parent Families

Households where children live with both of their biological or adoptive parents, offering a family structure often associated with various social and economic advantages.

Single-parent Families

Households led by only one parent, who takes on the role of both caring for the children and providing for the family financially.