The correct answer is: A denial of employment for a long period.
Retrenchment is the permanent termination of an employee’s position at a company. It is often used as a cost-saving measure, and can be due to a variety of factors, such as a decline in business, a merger or acquisition, or a change in the company’s strategic direction.
Retrenchment can have a significant impact on the employees who are affected, as it can lead to loss of income, job security, and social status. It can also have a negative impact on the company’s morale and productivity.
There are a number of laws and regulations that govern retrenchment in different countries. In general, employers are required to provide employees with notice of retrenchment, and may also be required to provide severance pay or other benefits.
Retrenchment is a difficult and sensitive issue, and it is important for employers to handle it in a fair and equitable manner.
Here is a brief explanation of each option:
- Option A: A denial of employment for a short period. This is not correct, as retrenchment is a permanent termination of employment.
- Option B: A denial of employment for a long period. This is correct, as retrenchment is often used as a cost-saving measure, and can be due to a variety of factors, such as a decline in business, a merger or acquisition, or a change in the company’s strategic direction.
- Option C: A denial of employment forever. This is not correct, as retrenchment is not a permanent denial of employment. Employees who are retrenched may be able to find new jobs, or they may be eligible for government assistance.
- Option D: None of these. This is not correct, as one of the options is correct.