Which of the following news clips involves a short-run decision and which involves a long-run decision? Explain.

Question:

Which of the following news clips involves a short-run decision and which involves a long-run decision? Explain.

■ In 2013, Nokia announced that it would cut 300 jobs, mostly in Finland, and transfer hundreds of employees to the firm’s Indian branches to take them off its payroll.

■ In October 2013, Peugeot shut down its factory in Aulnay-sous-Bois and announced that it would lay off more than 11,000 employees in the following years.

■ In 2016, the Renault-Nissan-Mitsubishi Alliance was considering shutting down Nissan’s plant in Sunderland, England, following Brexit.

■ The French insurance firm Axa had taken steps to limit e-mailing and messaging employees outside of working hours even before the “right to disconnect” law came into effect on January 1, 2017.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

Question Posted: