Examlex
When it comes to a new product-service strategy, which of the following statements is true?
Labor Shortages
A situation where the demand for workers exceeds the supply in a particular market or industry.
Surpluses
Instances in which supply exceeds demand, resulting in excess goods, services, or resources.
Natural Attrition
The reduction in workforce due to employees leaving naturally through retirement, resignation, or death, rather than through layoffs.
Early Retirement
An option allowing individuals to retire before the traditional retirement age, often with specific pension or benefits arrangements.
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