Several Years Ago, ThinkFast Marketing Solutions Was Rapidly Expanding and Had

question 59

Multiple Choice

Several years ago, ThinkFast Marketing Solutions was rapidly expanding and had just over 120 permanent employees. Since then, the organization has shifted its market focus. Senior management has determined that it has 12 percent more employees than it needs to operate efficiently and effectively. What is this an example of?

• A) surplus of employees
• B) oversupply of labour
• C) natural attrition
• D) high turnover

---

Definitions:

Consolidation

A process in neuroscience, particularly regarding memory, where short-term memories are transformed into more stable, long-term memories.

New Learning

The process of acquiring new knowledge or skills.

Forgetting Curve

A graph that describes the rate at which information is lost over time when there is no attempt to retain it.

Forgetting Rate

The speed at which information is lost from memory over time, an aspect of memory decay.