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    5. Which term refers to the permanent termination of employment due to economic or operational reasons?

    Question

    Which term refers to the permanent termination of

    employment due to economic or operational reasons?
    A Retrenchment Correct Answer Incorrect Answer
    B Lay-off Correct Answer Incorrect Answer
    C Lockout Correct Answer Incorrect Answer
    D Severance Correct Answer Incorrect Answer

    Solution

    Retrenchment involves the permanent termination of employment due to reasons such as downsizing, restructuring, or business closure.

    Practice Next
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    Relevant for Exams:

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