F&M

What is the term for employing two or more people on a part-time basis to perform a job normally available to one person working full time?

• Job sharing

• Delayering

• Outsourcing

• Rationalization

Which term describes the process of decreasing the number of permanent employees working for an organization?

• Rightsizing

• Flexible labour market

• Downsizing

• Contract work

What does the term 'outsourcing' refer to in business context?

• Using subcontractors for services

• Moving activities to another country

• Temporary employment

• Reorganizing for efficiency

What is a common reason companies might choose to restructure?

• To expand their workforce

• To increase morale

• To reduce costs

• To improve product quality

Which of the following is a method companies might use to avoid layoffs?

• Increasing salaries

• Job sharing

• Hiring more staff

• Reducing work hours

What best describes business efficiency?

• The profit made by a company after all expenses.

• The ability to produce maximum output using minimal time and funds.

• The financial health of a company based on its revenue.

• The number of employees a company has.

What can happen if a business downsizes too little?

• The business can achieve significant savings.

• It may lead to increased employee morale.

• It can create opportunities for expansion.

• The company might not see any real impact.

Choose the word to fill in this sentence: "_____, a part of globalization, poses a threat, not to the least-skilled population, but to the job security of workers in developed countries."

• Decolonization

• Lay-offs

• Delocalization

• Protectionism