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    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.

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