Refer to the Scenario Below to Answer the Questions That

question 130

Multiple Choice

Refer to the Scenario below to answer the questions that follow.
Workforce Reduction Options at National Corporation (Scenario)
Mike has just been promoted to human resources manager at National Corporation.His boss,the vice-president of human resources,has asked him to prepare an employment plan to address a major restructuring in one of the divisions at National.The restructuring plans call for the elimination of 500 jobs and Mike must determine the best way to achieve this target.He is hoping that some of the affected employees who are older will accept incentives to terminate their employment before their normal retirement date.Other employees may be qualified for job openings in other divisions; however,Mike needs to compile a list of each employee's skills,training,and education in order to assess their talents.Some job vacancies will occur naturally as employees voluntarily resign from the company to pursue new career plans or employment opportunities.Still other employees may choose to accept part-time work or share jobs with their co-workers.Despite these workforce reduction options,Mike is concerned that some involuntary terminations will inevitably be required in order to achieve the restructuring plan.He will recommend that some of these terminations be classified as "temporary" so that qualified employees can still be recalled to fill future job vacancies in the coming weeks and months.
-Mike is considering the workforce reduction option of ________ for those employees who are qualified for job openings in other divisions.

• A)transfers
• B)layoffs
• C)reduced workweeks
• D)early retirements
• E)attrition

Learn how to acknowledge customer orders and requests effectively and professionally.

Comprehend the process of handling order and credit routine messages, including acknowledgment messages.

Understand the responsibilities and ethical considerations in providing credit information.

Understand the legal and ethical considerations in electronic communications.

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Definitions:

Acid-Test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick assets.

Current Ratio

A metric used to evaluate a corporation's capability to meet obligations that are short-term or due within a year.

Short-Term Investments

Investments that are readily marketable and intended to be converted into cash within the next year or operating cycle, whichever is longer.

Total Current Liabilities

Total current liabilities are the sum of all debts and financial obligations a company owes within the next year.