If Firms Believe That a Downturn in Sales and Output

question 266

Multiple Choice

If firms believe that a downturn in sales and output is ________, the most likely course of action would be to reassign their workers to different jobs.

• A) temporary
• B) long-lasting
• C) permanent
• D) unlikely

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Definitions:

Corporate Objectives

The specific, measurable goals that an organization aims to achieve to fulfill its strategic vision.

Competency Perspective

An approach that emphasizes the skills, knowledge, and capabilities that enable an individual or organization to perform effectively.

Task-Oriented

Focused on completing specific jobs or duties efficiently rather than on broader relationship or personal development goals.

Environmental Conditions

The external factors including climate, geography, and natural resources that affect living organisms and human activities.