Renton Inc

question 79

Multiple Choice

Renton Inc.is phasing out its desktop computer repair center in Wisconsin.Meanwhile,the demand for repair of mobile devices-services it provides in Georgia and New Mexico-is growing rapidly.Betty,a human resource specialist at Renton headquarters in Atlanta,must plan to avoid a labor surplus in Wisconsin in a fast and effective way.She wishes to do so with minimal employee suffering in terms of layoffs and salary.Which of the following strategies would best help Betty accomplish her goal?

• A) pay reductions
• B) transfers
• C) demotions
• D) early retirement
• E) hiring freeze

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Definitions:

Foreign Currency

Currency used in a country other than one’s own, involving the exchange of currencies in international trade or investment.

Exchange Rate

The price of one country's currency in terms of another currency.

Put Option

A financial contract giving the buyer the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specific time.

Strike Price

A term synonymously used with Exercise Price, indicating the fixed price at which an option holder can buy or sell the underlying asset.