Identify an advantage of having wide latitude in reducing a company workforce.
A) It gives employers the option of hiring for peak needs and laying off employees if needs decline.
B) It helps in protecting workers' jobs.
C) It helps employees adjust to a new culture.
D) It allows workers to keep more of their earnings regardless of the taxes they pay.
E) It gives employees the advantage of accumulating many years of work experience in an organization.

Question

Quizplus · Accepted Answer

Having wide latitude in reducing a company workforce gives employers the option of hiring for peak needs and laying off employees if needs decline. This allows employers to be flexible and adaptable to changes in the market and the company's needs, which can ultimately lead to stronger financial performance and sustainability.

Identify an Advantage of Having Wide Latitude in Reducing a Company