If You Were Told the Output of Goods and Services

question 197

Multiple Choice

If you were told the output of goods and services produced in Tajikistan, a former Soviet Republic had increased by eight percent in 2006, you would correctly refer to this increase as:

• A)growth standardization
• B)economic growth
• C)nationalized growth
• D)an example of recessionary growth
• E)output maximization

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Definitions:

Attrition

Loss of employees due to their voluntary departures from the firm through resignation, retirement, or death.

Normal Separation

The voluntary termination of employment by an employee, often due to retirement, resignation for personal reasons, or a new job opportunity.

Employees

Individuals who work part-time or full-time under a contract of employment, contributing labor and expertise to an employer in return for wages.

Human Resources Talent Pool

A database or inventory of potential candidates that an organization can draw upon to fill vacancies.