Which of the Following Options for Avoiding an Expected Labor

question 2

Multiple Choice

Which of the following options for avoiding an expected labor shortage has the benefit of being a fast solution with high revocability?

• A)Temporary employees
• B)Technological innovation
• C)Turnovers
• D)New external hires
• E)Retraining

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Definitions:

Planning

The process of defining goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.

Business Plan

A strategic blueprint that outlines a company's vision, goals, target market, financial projections, and operational plans.

Business Success

The achievement of desired financial and operational goals in a business, often marked by profits, growth, and market share.

Planning

The act of defining a strategy or direction and making decisions on allocating resources to pursue this strategy.