Question 1) Define what is meant by the term downsizing, and explain its purpose. Identify and explain the matters that require careful consideration when executing a downsizing.
Question 2) Discuss and provide examples of the two primary ways direct financial payments are made to employees. Compare compensation for managers and professionals with compensation for clerical or production workers.
Question 3) Discuss and explain the guidelines for the termination interview.
Question 4) Demonstrate your understanding of these terms by using them correctly in a paragraph you create. Creativity is encouraged, but not required; a realistic scenario would be best. Do not simply provide a definition for the terms. Terms: Fair Labor Standards Act, exempt/non-exempt, child labor, and 1963 Equal Pay Act.