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Jennifer is part of union team in negotiations with management for a new collective bargaining agreement. Management is offering a pay increase 1% below what the union is asking for but will increase health and dental benefits. Jennifer and her union team meet in a separate room to discuss how they should react to management's offer. What is this meeting called?
Efficiency
The ratio of the output produced to the input used in the production process, indicating how well resources are utilized.
Flexibility
The ability of a company to adapt quickly to changes in the market environment, production demands, or customer needs.
Process Redesign
The fundamental rethinking of business processes to bring about dramatic improvements in performance.
Departmental Areas
Specific sections within an organization or entity, designated for particular administrative functions or activities.
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