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AMX Steel Corporation is a traditional steel manufacturer with a workforce of 70,000 employees. Senior management recognizes that domestic demand for steel is gradually declining
AMX Steel Corporation is a traditional steel manufacturer with a workforce of 70,000 employees. Senior management recognizes that domestic demand for steel is gradually declining due to foreign competition. Given this, they will need to reduce the number of employees, but they want to do so in a gradual manner that minimizes pain and suffering. The best strategy for accomplishing this is through Multiple Choice downsizing. demotions. early retirement. pay reduction. temporary employees
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