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Kinlin Corp

question 50

Multiple Choice

Kinlin Corp. has a very high attrition rate, and the management is forced to transfer employees from one department to another to ensure smooth functioning of the departments. In order to ensure that no work is interrupted when members leave a department, the management should provide _____ to the members.


Definitions:

Loanable Funds

The money available for borrowing in the financial markets, determined by the levels of savings and demand for loans.

Rate of Inflation

The rate of inflation is the pace at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Operational Efficiency

The ability of an organization to minimize waste and maximize output with the least input of resources like time, money, and labor.

Public-Sector Managers

Individuals who oversee and lead government agencies, departments, or publicly owned corporations, ensuring the delivery of public services efficiently and effectively.

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