What Is the Primary Reason Many Large Companies Such as Sears

question 4

Multiple Choice

What is the primary reason many large companies such as Sears and Boeing have implemented cost-cutting programs and eliminated thousands of jobs?

• A) to expand globally
• B) to win the war for talent
• C) to become lean and mean
• D) to avoid going broke
• E) to merge with another company

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Definitions:

Labour Union

An organization that represents the collective interests of workers in negotiations with employers over wages, working conditions, and other employment terms.

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Share Price

It indicates the current price at which a single share of a company's stock can be bought or sold in the market.

Shareholders

Individuals or entities that own shares in a corporation, representing partial ownership.