Which of the Following Is a Disadvantage of an Aging

question 6

Multiple Choice

Which of the following is a disadvantage of an aging workforce in economically developed countries?

• A) Having to provide retirement benefits
• B) Having to decrease the span of control
• C) Having to provide flexible work arrangements
• D) Having to replace experience and talent

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Definitions:

Opportunity Cost

The benefit that is missed or given up when an investor, individual, or business chooses one alternative over another.

Bavarian Beer

A type of beer that originates from Bavaria, Germany, known for its strict brewing laws and quality standards.

Opportunity Cost

The value of the next best alternative that is forgone as a result of making a decision.

Startup Airline

A newly established airline company that is in the initial stages of its operations.