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Recall Application 3, "The Financial System Under Stress: September 11, 2001," to answer the following questions:
-The potentially catastrophic financial impact of the September 11, 2001, terrorist attacks against the United States was due to:
Staffing
The process of hiring, positioning, and overseeing employees in an organization.
Sub-Contracting Levels
The degree to which a primary contractor delegates or outsources portions of a project or job to secondary contractors.
Intermediate-Range Plans
Planning activities that cover a time frame from 3 months to 1 year, focusing on allocations of resources and objectives in the medium term.
Perishable Inventory
Items in inventory that have a limited shelf life and therefore require more dynamic and sensitive handling, management, and forecasting strategies to minimize losses due to spoilage.
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