If Human Resource Planning Shows a Surplus of Employees, Management

question 47

Multiple Choice

If human resource planning shows a surplus of employees, management can reduce the organization's workforce through ________.

• A) recruitment
• B) decruitment
• C) increased workweeks
• D) reduced job sharing

Grasp the economic principle of diminishing marginal utility.

Understand consumer surplus and its implications on consumer satisfaction.

Recognize the impact of different pricing on consumer surplus and utility.

Analyze the concept of consumer rationality in utility theory.