Yienze Inc.,a manufacturer of electronic goods,is experiencing financial losses,and company management is trying to less the fiscal losses.The company is also facing the problem of labor surplus due to low demand for its products.In this context,which of the following is the best way to deal with this labor surplus?
A) The company must consider work sharing because it causes relatively less suffering to the employees.
B) The company must choose an early retirement option because it gives an option to employees to voluntarily leave the organization with suitable monetary compensation.
C) The company must freeze employee hiring and focus on natural attrition because it is a relatively fast way to reduce a labor surplus.
D) The company must consider downsizing because it is the quickest way to deal with a labor surplus that results in financial losses.
E) The company must consider retraining employees because it helps improve their interpersonal skills.
Correct Answer:
Verified
Q43: Jackson,a production manager at Crenzel Inc.,is expecting
Q44: Which of the following observations is true
Q45: Gary,the CEO of El Eram Inc.,is dealing
Q46: Which of the following best describes a
Q47: Why is temporary employment popular with employers?
A)
Q49: Which of the following is true of
Q50: Wilma heads the production department at Riden
Q51: Britt,a production manager at Frelix Inc.,is expecting
Q52: Identify a disadvantage of using temporary and
Q53: Gordon,a supervisor at AutoMate Inc.,realizes that a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents