A firm attempting to reduce the size of its workforce may use several approaches. The approach most likely to be saved as a last resort is
A. attrition.
B. early retirement.
C. firing.
D. hiring freeze.
E. layoff.
Answer: C
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Asking team members to analyze their work situations and identify what other people could do to improve their effectiveness is part of the _______type of team-building program.
a. role clarification b. goal-setting c. interpersonal process skills d. cohesion-building
In the past, ________ allowed manufacturers to establish artificially high prices by limiting the ability of wholesalers and retailers to offer reduced or discounted prices.
A. price discrimination B. the Robinson-Patman Act C. minimum markup laws D. the Consumer Goods Pricing Act E. fair trade laws
Which of the following is true of a 99.9% defect rate?
a. one incorrect surgical procedure every 10 years b. two landing errors at major airports every day c. one aircraft landing in a cornfield each week d. one correct surgical procedure every year
Equity securities in which the investor owns less than 20% ownership in the voting stock of the investee can be ________
A) significant interest investments B) controlling interest investments C) held-to-maturity investments D) either trading investments or available-for-sale investments