Examlex
The head of emergency services in a large city strongly believes that diverse teams are more effective than homogeneous teams. The executive wants to put this belief into practice by frequently rotating ambulance and other emergency service teams so that teams would constantly have new people with diverse backgrounds and experiences. This would be supplemented with a hiring process that deliberately selects people with diverse ethnic, cultural and educational backgrounds. Discuss the strengths and weaknesses of the executive's actions in the emergency services agency.
Central Planning
An economic system where key decisions about production, distribution, and consumption of goods and services are made by the government or a central authority.
Shift Inward
A situation in economics where the supply curve moves towards the origin, indicating a decrease in supply at every price level.
Unemployment Rate
The number unemployed as a percentage of the labor force.
Technology
The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machines, techniques, and processes.
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