GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Economic stress has led to downsizing. This has led to:
A
Increased work hours
B
Less part time workers
C
Less contingent workers
D
None of the above
Explanation: 

Detailed explanation-1: -Consequences of Downsizing Remaining employees may struggle to manage increased workloads and stress, leaving little time to learn new skills-which can negate any theoretical gain in productivity. Losing trust in management inevitably results in less engagement and loyalty.

Detailed explanation-2: -Economic Stress has been defined to include substantial loss in work hours, income, or assets, the experience of material hardships such as food insecurity and inadequate housing or health care, or failure to make ends meet.

Detailed explanation-3: -Long hours. Heavy workload. Changes within the organisation. Tight deadlines. Changes to duties. Job insecurity. Lack of autonomy. Boring work. More items

There is 1 question to complete.