56. After the decision to close a plant, management can take all the following actions except
a. provide advance notice to the employees or community.
b. close cold turkey.
c. help the community attract a replacement industry.
d. Provide transfer, relocation, and outplacement benefits.
57. Which of the following actions is not usually a viable alternative to closing a plant?
a. diversify revenue sources
b. sell the plant to a new owner
c. create an employee-owned firm
d. seek tax breaks that will help profits
58. Employee ownership of a business whose former owners were considering shutting it down
a. almost always results in bankruptcy.
b. assures worker/owners continued employment.
c. in most cases, results in employees having to take significant wage and benefit reductions to make the business
profitable.
d. forces workers to think like owners.
59. Acceptable reasons not to give employees sixty days’ notice of closing include which of the following?
a. action that may have postponed layoffs