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Question
Faced with incomplete information about the future national economic conditions, many employers have eschewed the tradition of hiring full-time, permanent employees in favor of ________.
A) hiring only high school graduates willing to work for lower wages
B) a reduced work week of no more than 30 hours per week per employee
C) off-shoring as many jobs as possible to reduce costs associated with government-mandated programs
D) a flexible work arrangement that includes freelancers and temporary workers
Answer
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Related questions
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________ should be sold off or liquidated as they have low market share and low growth potential.
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As smartphone cameras improved, consumers turned away from traditional cameras. Polaroid lost market share and finally realized their product was no longer desired. At that point, Polaroid would be considered a ________ in the BCG matrix.
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When Stratasys began making 3D printers in 1988, the future of this new invention was unknown but expected to grow. Stratasys was one of a handful of producers of these printers. According to the BCG matrix, Stratasys was a ________.
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Qualitative data includes information about the number and cost of warranty work.
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When an organization is analyzing its labor supply, it is studying its ________.
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In a short essay, explain strategic management and why it is important.
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