The Main Disadvantage(s)of Informal Techniques Used for Aggregate Planning Is(are)

question 77

Multiple Choice

The main disadvantage(s) of informal techniques used for aggregate planning is(are)

• A)they are expensive to do.
• B)they may not result in the best plan.
• C)they take a long time to do.
• D)they require the use of a computer.
• E)the lack of formal education of the planners.

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Definitions:

Primary Labor Market

Refers to high-wage sectors of the economy that offer stable employment, good benefits, and opportunities for advancement.

Non-Competing Groups

Refers to segments of the labor market where workers do not directly compete with each other due to differences in skills, qualifications, or other barriers to mobility.

Real Wages

Wages adjusted for inflation, representing the purchasing power of income earned from labor.

CPI

The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.