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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.
Aggregate Planning
A method involving the creation, examination, and upkeep of an initial, rough timetable for all the activities within an organization.
Put Option
A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
Exercise Price
The set price at which an option's holder has the right to purchase or sell the asset in question.
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