It Is Best for Organizations to Avoid Rehiring "Alumni," Even

question 53

True/False

It is best for organizations to avoid rehiring "alumni," even when they were strong performers,because these individuals have demonstrated a lack of organizational loyalty and would not be good prospects for long retention.

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Definitions:

Pairs of Earrings

Not an economic key term, but could be referenced in examples relating to consumer goods or inventory.

AVC

Average Variable Cost, the cost per unit of varying the level of output, exclusive of fixed costs.

TVC

Total Variable Costs, which refers to all variable expenses associated with the production of goods or services.

Formula

A mathematical relation or rule expressed in symbols.