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The Status Quo Can Be Considered an Equilibrium State

question 38

Multiple Choice

The status quo can be considered an equilibrium state.To move from this equilibrium,unfreezing is necessary.One way this can be achieved is ________.


Definitions:

Early Retirement Incentives

Offers made to employees to encourage them to retire earlier than the norm, often as a strategy to downsize the workforce cost-effectively.

Labor Surplus

A situation in which the supply of labor exceeds the demand for it, often leading to unemployment or underemployment.

Outsourcing Strategy

A business policy where a company hires external vendors to perform tasks, handle operations or provide services that are either difficult to manage or are outside of the company's core business.

Quality-Control Problems

Issues related to the process of ensuring a product or service meets a defined set of quality standards.

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