The Recession That Began in 2008 Forced Widespread Downsizing Across

question 54

Multiple Choice

The recession that began in 2008 forced widespread downsizing across many industries, and although companies rehired workers once the recovery began, tough competition still dictates that they

• A)attempt to reduce unemployment anxiety.
• B)stay as lean as possible.
• C)focus on retraining workers.
• D)attempt to emulate other companies.
• E)switch to more mechanistic methods.

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Definitions:

Stock Splits

occur when a company divides its existing stock into multiple shares to boost the liquidity of the shares, though the overall value of the company doesn't change.

Economic Benefit

The advantage or gain derived from an economic action or activity such as investments, consumption of goods, and services.

Trading Range

The range within which a security or a market index fluctuates over a specified period.

EPS

Earnings Per Share, a financial ratio that measures the amount of profit attributed to each outstanding share of a company's common stock, indicating the company's profitability.