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NEW QUESTION: 1
Which of the following is a process that occurs due to mergers, outsourcing or changing business needs?
A. Involuntary exit
C. Plant closing
D. Voluntary exit
Answer option B is correct.
An involuntary exit is a process that occurs due to mergers, outsourcing or changing business needs. It also occurs due to terminations for cause, such as performance problems, etc.
Answer option D is incorrect. Plant closing is an act of shutting down the operation of a plant.
Answer option C is incorrect. In the voluntary exit, employees leave the organization by either resigning or retiring.
Answer option A is incorrect. Outplacement is a term used to describe efforts made by a downsizing company to help former employees through the transition to new jobs and helps them re-orientate to the job market.
Chapter: Workforce Planning and Employment
Objective: Organization Exit/Off-Boarding Processes
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