Asked by Wanesha Brown on Jun 25, 2024
Verified
In a recent meeting with the CEO and top executive management team, an HR manager was asked to present several possible HR responses to the economic downturn, including layoffs. This responsibility best illustrates the HR manager's role as:
A) Builder
B) Navigator
C) Change partner
D) Controller
Economic Downturn
A period of decline in economic performance across a significant portion of the economy, characterized by reduced industrial activity, increased unemployment, and lower consumer spending.
HR Manager
A Human Resources Manager, responsible for overseeing all aspects of employee relations, including recruitment, training, and compliance with labor laws.
Layoffs
The process of reducing a company's workforce to cut costs, typically not related to individual performance.
- Analyze the role of Human Resource (HR) managers in navigating economic downturns and enhancing organizational competitiveness through strategic labor relations.
Verified Answer
Learning Objectives
- Analyze the role of Human Resource (HR) managers in navigating economic downturns and enhancing organizational competitiveness through strategic labor relations.
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