The Krandall Corporation Wants to Reduce Its Labor Force, but Is

question 265

Multiple Choice

The Krandall Corporation wants to reduce its labor force, but is concerned about the impact downsizing will have on its remaining employees. One policy that might allow Krandall to reduce its labor force without adversely affecting morale is to:

• A) develop an affirmative action plan.
• B) offer early retirement benefits.
• C) implement a job sharing program.
• D) make more extensive use of job rotation.

Grasp the significance of sincerity and specific praise in communication.

Recognize the importance of communication style in representing organizational image.

Understand the impact of word choice on clarity and reader engagement.

Realize the importance of credibility and trustworthiness in business communication.

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Definitions:

Marginal Social Cost

The total cost to society of producing an additional unit of a good or service, including both the private costs and any external costs.

Oil Refinement

The industrial process of transforming crude oil into usable products including fuels, lubricants, and petrochemicals.

Pollution

The contamination of the natural environment, which can lead to harmful effects on ecosystems and human health.

Marginal External Cost

The additional cost imposed on society that is not accounted for by the producer as output increases.