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Recommended textbook solutions Krugman's Economics for AP2nd EditionDavid Anderson, Margaret Ray 1,042 solutions Principles of Economics8th EditionN. Gregory Mankiw 1,209 solutions Principles of Macroeconomics6th EditionN. Gregory Mankiw 433 solutions Principles of Economics1st EditionTimothy Taylor 895 solutions 42. Which of the following options for reducing an expected labor surplus is a slower option and is lowon human suffering?A. DownsizingB. DemotionsC. Early retirementD. TransfersE. Temporary employees 43. Which of the following options for reducing an expected labor surplus is a faster option but resultsin high human suffering? Get answer to your question and much more 44. Which of the following options for avoiding an expected labor shortage has the benefit of being afast solution with high revocability? Get answer to your question and much more 45. Which of the following options for avoiding an expected labor shortage is a slow solution and haslow revocability? Get answer to your question and much more 46. _____ is an option for avoiding an expected labor shortage that is slow and has high revocability.A. Natural attritionB. Retrained transfersC. OutsourcingD. OvertimeE. Technological innovation 47. Your company's primary concern is to reduce an expected labor surplus fast; its secondary concernis to minimize human suffering. The option that would best address the company's concerns (in thepriority indicated) is: Get answer to your question and much more This preview shows page 2 - 4 out of 11 pages. 8)Which of the following options for reducing an expected labour surplus is a relatively slow solution,but hasthe benefit of being low in suffering caused?A)DemotionsB)Natural attritionC)DownsizingD)TransfersE)Pay reductionsAnswer:B 9)Which of the following options for reducing an expected labour surplus has the benefit of being arelatively fast solution and is NOT high in human suffering? Get answer to your question and much more 10)Which of the following options for avoiding a labour shortage is slow in achieving results andprovides a low ability to change later? Get answer to your question and much more 11)Your company's primary concern is to reduce an expected labour surplus fast; its secondary concernis tominimize human suffering. The options that would best address the company's concerns (in thepriorityindicated) are: Get answer to your question and much more D)downsizing and pay reductions.E)early retirement and retraining.Answer: A12)Forecasting indicates your company needs to reduce its white-collar workforce in order to avoid alaboursurplus in the next three to five years. Consistent with the corporate culture it wants tomaintain, yourcompany places a higher priority on minimizing human suffering than on achievingthe labour reductionquickly. The options that are most consistent with these priorities are:A)early retirement and retraining.B)pay reductions and transfers.C)demotions and transfers.D)transfers and reducing hours.E)natural attrition and transfers.Answer:A 13)Which of the following options for avoiding an expected labour shortage has the benefit of being arelatively fast solution while maintaining the ability to change later? Get answer to your question and much more 14)A small company that manufactures special-order wood furniture has kept its employees busy on a40-hour-a-week schedule for the past two years. The company just received the largest contract inits historyfrom a European company opening offices in the area. There is no expectation of repeatbusiness from theEuropean company. In order to complete the contract in the required threemonths, additional skilled woodworking employees are needed. Under these circumstances, to avoidanexpected labour shortage, the best option would be: Get answer to your question and much more Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 11 pages? Upload your study docs or become a Course Hero member to access this document Which of the following options for reducing an expected labor surplus has the benefit of being a relatively fast solution?Which of the following options for reducing an expected labor surplus has the benefit of being a relatively fast solution, but the disadvantage of being high in human suffering? transfers and work sharing. Which one of the following is most likely to represent a core competency for a retail store?
What is an option for reducing a surplus of employees?Offering a leave of absence could help smooth out a temporary surplus. Although reduced hours may have the same net effect as a pay cut, reducing the hours may be better received by staff, who will see that their wage rate has been maintained.
Which of the following has been the most widespread means of reducing a labor surplus?Which of the following has been the most widespread means of eliminating a labor shortage? downsizing. Which of the following trends was often a leading indicator that the economy was expanding in the United States with regard to temporary and permanent employees?
Which option for reducing a labor surplus causes a high amount of suffering multiple choice question?5-10. When reducing expected labor surpluses, downsizing provides fast results at the expense of a high amount of human suffering.
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Which of the following is considered a fast option for reducing an expected labor surplus but results in high human suffering?
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