As part of its initiative to streamline operations, XLT Corp. is planning to eliminate a number of jobs. Which strategy is XLT Corp. using?

A. Downsizing
B. Outsourcing
C. Nearshoring
D. Reengineering


Answer: A

Business

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Four friends, Phillips, Eliza, John, and Jacob, are associated with Redhood Ltd. in different ways. Phillips is the CEO of Redhood Ltd., Melissa works as an accountant, while John owns some shares of Redhood Ltd., and Jacob has some debt securities issued by the company. ?Who is likely to be paid last in case of a bankruptcy?

A. ?John B. ?Jacob C. ?Phillips D. ?Melissa

Business

Which of the following strategies should be adopted to effectively handle customers' expectations of privacy?

A. Avoid controversial topics that might be emotional hot buttons or sensitive. B. Give in to every whim and request of the customer. C. Adopt a gregarious attitude and speak freely to make the customer feel comfortable. D. Avoid generating small talk about the weather or traffic.

Business

In which stage is the group considered to be mature?

A. Communication and decision making B. Motivation C. Productivity D. Mutual acceptance E. Control and organization

Business

Overhead is said to be underapplied when actual overhead costs exceed the amount applied to production

Indicate whether the statement is true or false

Business