A Firm Can Best Manage Participation in an Early Retirement

question 3

Multiple Choice

A firm can best manage participation in an early retirement program by:

• A) restricting the program to areas of the business with a redundancy of employees.
• B) outsourcing highly skilled employees to competing firms.
• C) offering the program only to employees with poor performance appraisals.
• D) requiring participating employees to sign no-compete agreements.

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Definitions:

Perceived Behavioral Control

An individual’s beliefs about whether he or she can actually perform the behavior in question.

Attitude-Behavior Consistency

The extent to which an individual's attitudes are reflected in their actual behaviors.

Abstract Concept

An idea that does not have a physical form or is not concretely observable.

Predictive Value

The extent to which a score or measurement can accurately forecast or predict a specific outcome.