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Which of the following is not a regulatory option when the government is trying to prevent market failure in the case of a natural monopoly?
Technical Human Capital
The specialized knowledge, expertise, and skills related to technology and engineering possessed by individuals, contributing to an organization's competitive advantage.
HR Planning
The process of forecasting an organization's human resource needs and strategizing how to meet these needs, aligning them with the company's goals.
Critical Skill
Essential capability or expertise required to perform a job effectively, often determining success in specific tasks or roles.
Forecasting
The process of making predictions about future events or trends based on past and present data analysis.
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