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Gunnar Myrdal described a worldwide _________ that was cut off from society, its members lacking the education and skills needed to be effectively in demand in modern society.
Voluntary Severance Packages
Offers made by employers to employees, providing incentives, often financial, to voluntarily leave the company, typically during downsizing.
Downsizing Strategy
A business strategy that involves reducing the company's size through workforce reduction, closing divisions, or selling off parts of the firm to improve efficiency or financial health.
Proactive Strategy
A forward-thinking approach that anticipates future conditions, challenges, or changes, and prepares or acts in advance to address them.
Worker Health
The overall physical and mental well-being of employees, influenced by workplace conditions, safety practices, and occupational hazards.
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