According to the Text,the Collection Process of Secondary Data Is

question 4

True/False

According to the text,the collection process of secondary data is rapid and easy compared to the collection process of primary data.

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Definitions:

External Recruitment

The process of searching for and hiring candidates from outside the organization to fill open positions, expanding the pool of potential talent.

Workforce

The collective group of individuals engaged in or available for work, either in a particular area or in a specific industry.

Downsizing

The reduction of an organization's workforce to cut costs and improve efficiency, often resulting in job losses.

Surplus Labor

Refers to the portion of labor capacity that exceeds the necessary labor for producing a desired output.