Which of the following is true with regard to workforce reduction and employee termination?
A) In the United States, declaring bankruptcy does not enable firms to shed labor during company reorganization.
B) Laying off workers requires management to consider local norms, regulations, and labor unions.
C) Most European countries do not restrict firms' ability to lay off workers.
D) In most countries, the employer is considered the weaker party.
Question 2
Which of the following entry strategies is most likely to serve as a short-term strategy and to provide limited income?
A) joint venture
B) management contract
C) offshoring
D) fully owned subsidiary
true story
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