Organizational Change May Mean Downsizing;which of These Is NOT an Appropriate

question 108

Multiple Choice

Organizational change may mean downsizing;which of these is NOT an appropriate way to handle being downsized?

• A)Find out what you are entitled to,whether it's severance pay,continued health benefits,or training.
• B)Update your resume and secure a good reference at your current company.
• C)Share your situation on social media and make sure to criticized the company so everyone knows it wasn't your fault.
• D)Consider new options and other career fields,using this as an opportunity.

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Definitions:

Economic Profits

Refers to the financial gains that exceed the total costs, including both explicit and implicit costs, of a business.

Enter Industry

The act of starting or initiating business operations in a particular market sector.

Long Run

The long run is a time period sufficiently long that all factors of production and costs can be fully adjusted, including plant sizes, machinery, and entry or exit from an industry.

Monopolistically Competitive

A market structure where many firms sell similar but not identical products, allowing them some power to influence prices.