The Loss of the Highest- Valued Alternative Defines the Concept

question 504

Multiple Choice

The loss of the highest- valued alternative defines the concept of

• A) marginal benefit.
• B) opportunity cost.
• C) entrepreneurship.
• D) scarcity.

Identify organizational interventions to support employees through downsizing.

Recognize the immediate and insidious consequences of downsizing and restructuring.

Develop strategies for aligning strategic human resource planning with organizational strategy.

Propose specific approaches and methods for facilitating workforce downsizing effectively.

---

Definitions:

Value System

A set of consistent values and measures that guide the behavior and decisions of an individual or group.

Worker's Personal

Relates to the individual qualities and attributes of a worker that influence their professional life.

Clients' Value

The importance or benefit that clients attribute to a service or product they receive from a provider.

Social Safety Nets

Public or community services that provide support to individuals and families in need, aiming to prevent poverty and social exclusion.