Discuss the issue of giving notice to the employees about organizational downsizing.
What will be an ideal response?
It can be argued that a firm should give notice of an intent to downsize as soon as the need is determined, and let those who will be impacted know who will be let go as soon as that list is devised. On the other hand, the uncertainty and rumors that are sure to develop between the announcement of downsizing and the decision about who will be terminated may outweigh the benefits gained in early notification. In addition, workers may interpret early notice as an effort to get the most out of them before departure rather than an effort to allow them time to come to grips with the loss of their jobs.
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Dutch researcher, Fons Trompenaars, recommends that when people from specific cultures do business in diffuse cultures, they should ________.
A. not acknowledge achievements or skills that are irrelevant to the issues being discussed B. not get impatient when people are being indirect or circuitous C. try to get to the point and be efficient D. learn to structure meetings with the judicious use of agendas
A bond backed by secured debt is a debenture
Indicate whether the statement is true or false
Which of the following terms is synonymous with social lending?
a. accounts receivable lending b. peer-to-peer (P2P) lending c. tax lending d. government-backed lending
The Tangier Company is considering eliminating the following product line: Product AXPSales$80,000 Less variable costs: Raw materials 50,000 Direct labor 10,000 Contribution margin$20,000 Less fixed costs: Production costs allocated to products 30,000 Profit (Loss)$(10,000) What amount of cost is avoidable if Tangier outsources production of this product?
A. $90,000 B. $60,000 C. $20,000 D. $50,000