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Use the figure below to answer the following questions.
Figure 24.5.2
-Refer to Figure 24.5.2. Which one of the following best describes the response to a rise in the price level?
Enhancing Productivity
The act of increasing the efficiency and effectiveness of processes or systems to produce more output with the same or fewer inputs.
Employee Motivation
Involves the processes and factors that drive employees to perform optimally, including both intrinsic motivators, like job satisfaction, and extrinsic motivators, such as rewards and recognition.
Organizational Competitiveness
Organizational competitiveness refers to the ability of an organization to develop and maintain advantages over its competitors through its products, services, strategies, or internal efficiencies.
HR Practices
Strategies, policies, and practices implemented by the Human Resources department to manage and support an organization's workforce.
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