Examlex
Which of the following statements is false?
Labour Expenses
Costs associated with compensating employees, including wages, salaries, benefits, and taxes.
Rightsizing
Adjusting the number of employees to fit the current needs of the organization, which may involve layoffs or hiring.
Layoffs
The temporary or permanent dismissal of employees from their jobs due to economic downturns, business restructurings, or other financial reasons.
Volume Efficiency
The effective management of resources to produce the maximum possible output or volume of production at the lowest cost.
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