Aztec Entertainment Company is experiencing a drop in profits during an economic downturn and decides to cut costs to benefit stockholders. Which stakeholder group is probably most adversely affected?

Question

Quizplus · Accepted Answer

In economic downturns or when a company experiences performance shortfalls, layoffs may help cut costs (thus benefiting shareholders) at the expense of the employees laid off.

Aztec Entertainment Company Is Experiencing a Drop in Profits During