Assume Human Resource Planners Predict That with Technological Improvements Your

question 37

Essay

Assume human resource planners predict that with technological improvements your company will need 35 percent fewer employees in the next five years.What actions would you start to take now?

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Definitions:

Property Taxes

Taxes assessed on real estate by local government, based on the assessed value of the property.

Mixed Cost

An expense that contains both variable and fixed cost components, changing in total with the level of activity but also containing a constant element.

Straight-Line Depreciation

A method used in accounting to allocate the cost of a tangible asset over its useful life evenly.

Electricity Costs

The financial charges for the consumption of electrical energy by a business, forming part of its operating expenses.