Examlex
An industry with a firm that is the only producer of a good or service for which there are no close substitutes and for which entry by potential rivals is prohibitively difficult is:
Hire/Layoff Workers
Hiring and laying off workers are human resources management actions involving the appointment of new staff members and the dismissal of existing employees, respectively, usually based on the company’s current demand and financial situation.
Aggregate Planning
The method of creating, examining, and keeping an initial, rough plan of an organization's total activities.
Level Scheduling
A manufacturing process management technique aimed at producing goods at a constant rate to avoid fluctuations in production and inventory levels.
Hire/Layoff Workers
The process of recruiting and integrating new employees into a company, or conversely, reducing the workforce through terminations due to economic or organizational reasons.
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