_____ Is a Way to Reduce Head Count (The Number

question 48

Multiple Choice

_____ is a way to reduce head count (the number of employees) and lower labor costs.

• A) Offering an early retirement plan
• B) Encouraging flextime
• C) Job hopping
• D) Compressing the workweek

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Definitions:

World Hunger

A severe and chronic lack of food that threatens life, health, and wellbeing, affecting millions of people worldwide.

Malthusian Theory

A principle suggesting that population growth will outpace agricultural production, leading to widespread poverty and famine.

Law of Diminishing Returns

An economic principle stating that adding more of one factor of production, while holding others constant, will at some point yield lower per-unit returns.

Age of Mass Consumption

A stage of economic development where a significant portion of the population engages in the widespread consumption of goods and services, often seen as indicative of a higher standard of living.