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Additional Case 6.1 Central Enterprises Is Suffering an Economic Downturn, and the Workforce

question 138

Multiple Choice

Additional Case 6.1
Central Enterprises is suffering an economic downturn, and the workforce needs to be reduced. Upper-level managers are debating the costs and benefits of various employee separations. Brian argues that the company needs to make immediate cuts to both management and labor. The cuts need to be made in such a way that the scope of the company and its markets are not affected. The firm needs to do more with fewer people according to Brian.
Other managers want to take a long-term, less traumatic approach. According to Natalie, the firm has time to consider the problems and gradually reduce the workforce rather than making sudden staff cuts. Natalie points out that 35% of the workforce is over age 62.
The VP of HR, LaTisha, wants the least disruptive reduction process possible. LaTisha just finished a major labor negotiation with the union and is not ready for another. She points out that turnover has been fairly high. Along with considering workforce reductions, LaTisha wants to know why people are leaving the company voluntarily
-Refer to Additional Case 6.1.Brian would most likely advocate a strategy of:

Definitions:

No Writing

A legal situation where an agreement or contract was verbally made without any documented evidence or formal writing.

Parol Evidence Rule

A legal principle that prevents parties to a written contract from presenting extrinsic evidence of terms or conditions that contradict or modify the written document.

Defense of Fraud

In legal contexts, the defense of fraud involves arguments and evidence to challenge the validity of a contract or transaction based on claims of deceit or misrepresentation.

Oral Agreement

A contract or agreement made through spoken words rather than written documentation, which may still be legally binding.