Question

Read the situation below and determine which combination of the given statements serves as a possible, logical reason(s) for the organization's current course of action. Situation: While almost all prominent electric vehicle (E

  • V manufacturers have frozen hiring and downsized engineering teams due to a sharp global contraction in automotive demand, startup EV automaker Neoterra has announced an aggressive, multi-tiered recruitment campaign, opening up thousands of high-level positions across its organization. By executing this counter-cyclical expansion, the firm appears to openly challenge the defensive stagnation prevailing throughout the green-mobility industry. Statements (Potential Reasons): 1. Right before the economic slowdown, a wave of veteran software engineers and battery technicians voluntarily left Neoterra to join legacy automotive giants offering higher baseline stability. 2. The sudden industry-wide layoffs have flooded the workforce with exceptional, specialized automotive engineers who are normally locked into long-term contracts and highly difficult to recruit. 3. Neoterra has recently finalized its expansion into localized grid-scale energy storage and battery recycling infrastructure, an enterprise requiring an entirely distinct technical workforce and operational experts.
A Only 1 and 2
B Only 2
C Only 1 and 3
D Only 2 and 3
E All 1, 2, and 3
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