Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?
Correct answer: D. Golden handshake
- A. Golden bonus
- B. Golden shake hand
- C. Friendly handshake
- D. Golden handshake
Explanation
A golden handshake is a large severance payment made to a senior employee who retires or loses the job because of a takeover or restructuring. The similar-sounding “golden bonus” is not the established term.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Microeconomics
Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
Practise Microeconomics
1,742 free Microeconomics MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Economics questions like this
Economics is on 3 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Microeconomics questions
Mention a mutual fund that is invested primarily in stocks with a history of and future potential for capital gains ?
Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?
A company's first sale of stock to the public is called ?
A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?
Deregulation is the reduction of government's role in controlling markets. Which of the following is result(s) of deregulation ?
What is referred a group of companies that cooperate and share resources in order to achieve a common objective ?