You Are the HR Professional in Charge of Human Resources

question 46

Essay

You are the HR professional in charge of human resources planning at Blue Fruit Inc.,a company that designs and makes cell phones and tablets.Recently,demand for its products has been falling,resulting in a surplus of employees.Identify and describe five possible solutions you would consider implementing in order to reduce the oversupply of employees at Blue Fruit.

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Definitions:

Provision for Loss

A Provision for Loss is an amount set aside in the accounts to cover identified but not yet realized losses or expenses.

Contra-Asset Account

An account that decreases the value of an asset, liability, or equity account, such as accumulated depreciation.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, including balance sheet, income statement, and cash flow statement.

Real Estate Sale

A financial transaction in which the ownership of property or buildings is transferred from one party to another, often involving negotiation and legal processes.