When a Company Will Reduce the Number of Projects They

question 109

Multiple Choice

When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called

• A) outsourcing.
• B) redistribution of projects.
• C) project allocation.
• D) task sharing.
• E) referring.

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Definitions:

Sectoral Shifts

Changes in economic activity or labor market demand across different sectors or industries over time.

Temporarily Cause Unemployment

Situations or policies that lead to a short-term increase in unemployment, as workers transition between jobs or industries adjust to new conditions.

Sectoral Shifts

Changes in the economic landscape that cause resources (like labor) to move from one industry or sector to another, often due to technological changes or globalization.

Frictional Unemployment

Short-term unemployment that occurs when transitioning between jobs or entering the workforce.