Multiple Choice
CEO Carmen Ngouri must choose between laying off some workers or cutting nominal wages for all workers.She will likely decide on the layoff because
A) layoffs damage worker morale more than pay cuts do
B) pay cuts decrease labor turnover
C) layoffs reduce productivity
D) the workers prefer a pay cut so that all workers can stay employed
E) the damage from layoffs is brief and limited because laid off workers are soon gone
Correct Answer:
Verified
Correct Answer:
Verified
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