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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:

Efficient

In economics, describing an allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.

Price Controls

Government interventions to regulate the maximum or minimum prices of certain commodities or services, aiming to prevent market imbalances.

Market Price

The existing rate at which an asset or service is available for buying or selling in a competitive environment.

Not Binding

A term used to describe agreements, conditions, or regulations that do not impose restrictions on the actions of the involved parties.

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