Examlex
The ABC Corporation wants to reduce its labour force,but is concerned about the impact downsizing will have on its remaining employees.One policy that might allow ABC to reduce its labour force without adversely affecting morale is to:
Human Resource Plans
Strategic documents that outline an organization's approach to managing its workforce, including recruitment, training, development, and retention strategies.
Operational Plans
Detailed, short-term plans that outline how to achieve tactical objectives and daily operations of an organization.
Financial Plans
Detailed strategies outlining the allocation and management of funds to achieve specific financial goals or objectives.
Scenario Planning
A strategic planning method that organizations use to envision and develop strategies for multiple future scenarios.
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