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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?
Suggested Answer: D
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Answer option D is correct.
Chapter: Risk Management
Objective: Risk Management
32 comments · newest first
JE
Jesus
10 months ago
Wait, is outplacement really a thing? I thought it was just a buzzword.
HA
Hassie
10 months ago
I agree, outplacement is super important for a smooth transition.
NA
Naomi
10 months ago
Exit interviews are different; they don’t help with job placement.
MA
Marilynn
10 months ago
Utility function? That's more of an economics term, not related to job transitions.
JA
Jamey
11 months ago
It's definitely D, outplacement services are key for laid-off employees.
JE
Jesusita
11 months ago
Utility function? That doesn't seem right for this context. I feel like "outplacement" fits better, but I could be mistaken.
JE
Jerilyn
11 months ago
I remember practicing a question like this, and "outplacement" was definitely mentioned as a support service for laid-off employees.
YO
Youlanda
11 months ago
I'm not entirely sure, but "exit interview" seems more about gathering feedback rather than helping employees find new jobs.
IR
Irma
12 months ago
I think the term we're looking for is "outplacement." It sounds familiar from our HR lectures.
PA
Pauline
12 months ago
I'm not totally confident, but I think "Outplacement" is the best answer here. It sounds like the term that would describe the company's efforts to support former employees during a downsizing transition.
RO
Royal
12 months ago
Outplacement - that's the one! I remember learning about that in my management class. Companies often provide outplacement services to help laid-off employees find new jobs. Definitely going with that option.
MA
Mari
1 year ago
Hmm, I'm a bit unsure about this one. The options don't seem super familiar to me. I'll have to think it through and try to eliminate the ones that don't seem to fit.
LE
Leandro
1 year ago
This seems like a straightforward HR term question. I'll carefully read through the options and think about which one best describes the efforts to help former employees during a downsizing.
MA
Maynard
1 year ago
Outplacement? Sounds like a fancy way of saying 'we're downsizing, but here's a coupon for a free résumé review!'
FL
Floyd
1 year ago
Outplacement - the corporate equivalent of a goodbye hug and a pat on the back. Better than nothing, I suppose.
AL
Alva
1 year ago
I've heard that outplacement services can include resume writing and job search assistance.
VE
Venita
1 year ago
I agree, it's a nice gesture from the company to provide support during a difficult time.
MI
Miesha
1 year ago
Outplacement can be helpful for employees who are laid off.
MI
Miriam
1 year ago
Outplacement? More like 'out of a job' if you ask me. But hey, at least they're trying to soften the blow, right?
AL
Alishia
1 year ago
D. Outplacement - I remember learning about that in my HR management class. It's all about helping displaced workers get back on their feet.
JI
Jina
1 year ago
Outplacement? Sounds like a fancy term for 'here's some career coaching so you can find a new job - good luck!'
LE
Lemuel
1 year ago
That's right! It's all about helping employees transition smoothly to their next opportunity.
DA
Dana
1 year ago
I've heard it can include things like resume writing help and job search assistance.
OS
Osvaldo
1 year ago
It's like a safety net for employees who are being let go.
CL
Clement
1 year ago
Exactly! Outplacement is a way for companies to support their employees during a difficult time.
AB
Abel
1 year ago
D) Outplacement
CE
Celia
1 year ago
C) Utility function
KI
King
1 year ago
B) Exit interview
ED
Edgar
1 year ago
A) Duty of diligence
IE
Iesha
1 year ago
I'm not sure, but I think it's B) Exit interview. It could also help former employees transition to new jobs.
KE
Kenny
2 years ago
I agree with Katie. Outplacement makes sense for helping former employees find new jobs.
KA
Katie
2 years ago
I think the answer is D) Outplacement.