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Question
Jonathan, the CEO of Maxofan Inc., finds that the company needs to eliminate a labor surplus to avoid financial difficulties. To deal with this problem, he chooses a strategy that gives him fast results. However, the amount of suffering caused to employees is high. Jonathan is most likely using the _____ strategy to reduce the labor surplus.
A. early retirement
B. downsizing
C. natural attrition
D. retraining
E. hiring freeze
Answer
This answer is hidden. It contains 213 characters.
Related questions
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Identify the correct statement regarding companies that are ethical and successful.
A. They are solely concerned about the benefits of the company while making business decisions.
B. The owners most often assume responsibility for the actions of the company rather than the employees.
C. They are less concerned about the interests of the people involved in the business.
D. Their main aim is to maximize profits in all their transactions.
E. They have a sense of purpose and vision that the employees value and use in their day-to-day work.
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C. freedom of speech
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Hugh, HR manager at Brent & Sons Corp., keeps himself informed about the changing business trends and how they might have an impact on his firm. His capability allows the company to effectively organize its human resources and seize any opportunity for business expansion. Which role of an HR manager is Hugh playing in this scenario?
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Which of the following is defined as a systematic, planned effort to attract, retain, develop, and motivate highly skilled employees and managers?
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How can an HR department that is considered its company's strategic partner help the company gain a competitive advantage?
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C. It goes beyond prohibiting discrimination to require that employers take steps to accommodate individuals covered under the legislation.
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Q:
The Vocational Rehabilitation Act of 1973 was introduced to enhance employment opportunity for _____.
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D. individuals with disabilities
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Q:
Which of the following statements reflects a violation of the Age Discrimination in Employment Act?
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Q:
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B. retaliation
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Q:
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A. Thirteenth Amendment
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Q:
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A. The U.S. House of Representatives
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Define electronic human resource management (e-HRM). List the applications of social networking tools employed by organizations to assist human resource management.
Q:
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A. independent contractor.
B. permanent employee.
C. temporary employee.
D. contract company worker.
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Q:
The new type of psychological contract has resulted in reduced:
A. creativity.
B. employee compensation.
C. flexibility.
D. training and development opportunities.
E. job security.