Which of the following is an example of external factors affecting the perception of a firm's decision to downsize?
A) The downsizing corporation does not offer any kind of career or employment assistance to the employees that are being laid off.
B) A company begins assisting its employees who will be affected by the workforce reduction as soon as it is aware of potential reductions.
C) Other companies in the area quickly hire the employees laid off from the downsizing company.
D) The company considers how it will function after the workforce reduction has taken place.
E) External factors do not play a role in the perception of a company's downsizing decision; only internal factors are important.

Question

Quizplus · Accepted Answer

C is correct because it involves actions by entities outside the company (other companies hiring the laid-off employees), which can affect public and market perception of the downsizing decision.

Which of the Following Is an Example of External Factors