Define decruitment and list the various decruitment options

What will be an ideal response?

Answer: Decruitment is the process by which an organization reduces its workforce. The various decruitment options available to an organization are:
a. Firing - This refers to permanent involuntary termination of employees.
b. Layoffs - These refer to temporary involuntary termination of employees. Layoffs may last only for a few days or extend up to years.
c. Attrition - This is achieved when an organization does not fill the openings created by voluntary resignations or normal retirements of its employees.
d. Transfers - This happens when employees are moved either laterally or downward. This usually does not reduce costs but, it can reduce intra-organizational supply-demand imbalances.
e. Reduced workweeks - This is achieved by having employees work fewer hours per week, share jobs, or perform their jobs on a part-time basis.
f. Early retirements - Here, the organization provides incentives to older and more senior employees for retiring before their normal retirement date.
g. Job sharing - This is achieved by having employees share one full-time position.

Business

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A) key idea or ideas that an advertisement is to convey B) key element in an advertisement that taps into or activates a consumer's personal value system C) design of the advertisement that attracts attention or presents information D) theme that explains how the message will be delivered

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Which of the following is part of the microenvironment of a firm's marketing environment?

A) the political state of the country in which the firm exists B) the cultural forces that exist in a society C) the suppliers who work with the company D) the technological resources available to the company E) the different demographic trends in the market

Business