
Understanding Retrenchment During COVID
Authored by GILLESPIE ANAK PANI KPM-Guru
English
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does retrenchment mean?
Retrenchment is a strategy to expand business operations.
Retrenchment refers to increasing staff to boost productivity.
Retrenchment means investing more in new projects.
Retrenchment means reducing costs or expenditures, often through layoffs or downsizing.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did some companies retrench during COVID?
Companies retrenched to manage costs and maintain financial stability due to decreased demand and uncertainty during COVID.
Companies retrenched to increase employee salaries during COVID.
Companies retrenched to invest in new technologies during COVID.
Companies retrenched to expand their market share during COVID.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did retrenchment affect workers?
Workers experienced more job opportunities due to retrenchment.
Retrenchment negatively affected workers by causing job losses and increased job insecurity.
Retrenchment led to higher wages for workers.
Retrenchment improved job security for workers.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason companies had to cut jobs?
Economic downturns or decreased demand for products/services.
Increased hiring due to business expansion.
New technology reducing the need for workers.
Higher employee satisfaction leading to more hires.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can retrenchment happen in good times?
Good times prevent any form of retrenchment.
Retrenchment only occurs during economic downturns.
Retrenchment is a strategy used exclusively in bad times.
Yes, retrenchment can happen in good times.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common feeling workers have during retrenchment?
Excitement and anticipation
Indifference and apathy
Confidence and security
Uncertainty and anxiety
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can retrenchment impact a community?
Retrenchment can negatively impact a community by increasing unemployment, reducing income, and straining local businesses and services.
Retrenchment often boosts local businesses and services.
Retrenchment can lead to increased job security for workers.
Retrenchment has no effect on community income levels.
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