Since Dismissing an Employee Is One of the Most Difficult

question 67

Essay

Since dismissing an employee is one of the most difficult tasks a manager can face at work, what are the guidelines a manager should use in a termination interview?

---

Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an investment but is not control or joint control of those policies.

Voting Stock

Shares that grant the holder the right to vote on company matters, such as electing the board of directors.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, serving as a measure of a company's profitability.

Total Asset Turnover

A metric assessing how effectively a company utilizes its assets to produce income.