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Explain the rationale for contracts.
Reduction Strategy
Approaches businesses use to downsize, reduce costs, or streamline operations, often involving layoffs or selling off assets.
Implications
The possible effects or consequences that may result from a particular action or decision.
Market Wage Rates
The prevailing pay scale for work in a particular industry, occupation, or region, determined by the supply and demand for labor in the market.
Forecasting
The process of making predictions about future events or trends based on historical data and analysis.
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