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Identify/define and explain the significance of the following: John I.
Short-term Reaction
An immediate response or adjustment made in response to a specific event or situation, often temporary in nature.
Strategic Planning
The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy.
Human Resource Planning
Involves forecasting the organization's future human resource requirements and developing plans to meet those needs.
Workforce Reduction
Strategies and practices aimed at decreasing the number of employees within an organization through layoffs, attrition, or retirements.
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