Question

57. Termination of the services of surplus employees from any organisation is called:
(A). Disciplinary action.
(B) Retirement.
(C) Lay-off.
(D) Retrenchment​

Answer 1

Answer:

(C) lay - off

is your right answer

Answer 2

Termination of the services of surplus employees from any organisation is called:

(A) Disciplinary action.

(B) Retirement.

(C) Lay-off.

(D) Retrenchment

The correct answer is :

(D) Retrenchment

Explanation :

Termination of service of surplus employees from any organisation is called retrenchment.Retrenchment​ are done in any organisation when there is a recession going on or there is a financial crisis on the organisation. In such a situation, the organisation terminates the services of surplus employees, so that it can keep only the most important employees in the organisation and the financial burden is reduced on it. This process is done by various different organisations in any financial crices.

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