According to Futurist Alvin Toffler's Description of the "Waves of Change

question 47

True/False

According to futurist Alvin Toffler's description of the "waves of change" in his book The Third Wave,the "first wave" was based on the movement from the machine age into the information age.

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Definitions:

Hiring

The process of finding and recruiting people to fill job positions within a company or organization.

Layoffs

The act of temporarily or permanently dismissing employees from their jobs, often as a cost-saving measure during periods of economic downturn or organizational restructuring.

Demand Options

Different strategies or choices available to meet customer demand, such as stocking levels, lead times, or product customization.

Capacity Options

Different strategies or choices an organization can employ to manage its production capacity, such as increasing shifts, outsourcing, or investing in new facilities.