Workforce Planning May Result In

question 59

Multiple Choice

Workforce planning may result in:

• A)downsizing.
• B)training existing employees in new skills.
• C)hiring new employees.
• D)All of the above.
• E)"a" and "c" only.

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Definitions:

Risk Premium

The additional return expected by an investor for taking on a higher level of risk compared with a risk-free investment.

Utils

A hypothetical unit of measurement used in economics to quantify the amount of utility or satisfaction gained by consuming goods and services.

Outcomes

The results or effects of actions, decisions, or policies, with a broader application beyond purely economic contexts.

Risk Averse

A preference for certainty over uncertainty with regards to outcomes, particularly in the context of financial decisions.