Examlex
All of the following are part of a company's value chain except
Surpluses
Instances in which supply exceeds demand, resulting in excess goods, services, or resources.
Natural Attrition
The reduction in workforce due to employees leaving naturally through retirement, resignation, or death, rather than through layoffs.
Early Retirement
An option allowing individuals to retire before the traditional retirement age, often with specific pension or benefits arrangements.
Labor Surplus
A situation in which the supply of workers exceeds the demand for labor, leading to unemployment or underemployment.
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