The Strategy Where Workforce (Capacity)is Kept Stable but the Number

question 58

Multiple Choice

The strategy where workforce (capacity) is kept stable but the number of hours worked is varied over time in an effort to synchronize production with demand is the

• A) adjustable strategy.
• B) Chase strategy.
• C) level strategy.
• D) mixed strategy.
• E) time flexible strategy.

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Definitions:

Consideration

In contract law, it is something of value exchanged by the parties involved in a contract, making the agreement legally binding.

Accord And Satisfaction

A legally binding agreement to settle a disputed claim for a definite amount.

Adequacy Of Consideration

The fairness of the value or price exchanged in a contract, though the law typically does not require consideration to be equal in value.

Laissez-Faire

An economic philosophy of free-market capitalism that opposes government intervention in business affairs, advocating for a "let do" or "let people do as they please" approach.