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Which of the following is a term used to describe efforts made by a downsizing company to help former employees through the transition to new jobs and help them re-orientate to the job market?
Outplacement is a term used to describe efforts made by a downsizing company to help former employees through the transition to new jobs and help them re-orientate to the job market.
Answer option C is incorrect. The utility function is a term that describes the exact amount of risk an organization is willing to tolerate.
Generally, the higher the priority of the thing that the risk is affecting, the lower the risk tolerance.
Answer option A is incorrect. The common law term duty of diligence describes an employee's responsibility to act with reasonable care and skill for the employer. This is part of the employee-employer payment contract.
Answer option B is incorrect. An exit interview is conducted by HR department before an employee leaves the company.