Drawbacks of Attrition Include That

question 86

Multiple Choice

Drawbacks of attrition include that

• A)it is hard to implement.
• B)it costs large sums of money.
• C)employees do not accept this strategy.
• D)the organization has no control over who goes and who stays.
• E)it takes a short period of time.

---

Definitions:

Economic Progress

The process through which an economy grows or improves its capacity to meet its population's needs and wants.

Comparative Advantage

A situation where a country, individual, or company can produce a good or service at a lower opportunity cost than others.

Specialization

The process by which individuals, businesses, or countries focus on producing a limited range of goods or services to gain greater degrees of productive efficiency within an overall system.

Austria

A landlocked country in Central Europe, known for its mountainous terrain, historic cities, and rich cultural heritage.