What Do We Call Reducing the Workforce Through the Departure

question 70

Multiple Choice

What do we call reducing the workforce through the departure of employees who resign or retire?

• A) attrition
• B) contraction
• C) contracting out
• D) termination

Identify key performance indicators and their application in organizational measurement.

Recognize the role and application of normalization in benchmarking.

Distinguish between lead and lag indicators and their importance in performance measurement.

Understand the balanced scorecard approach and its focus areas.