Question: 1. Across-the-board pay cuts can reduce labor costs while retaining some skilled employees. - True - False 2. Implementing a strategy is typically the last

1. Across-the-board pay cuts can reduce labor costs while retaining some skilled employees.

- True

- False

2. Implementing a strategy is typically the last step in the strategic planning process.

- True

- False

3. People-related costs are typically the smallest controllable expense in organizations.

- True

- False

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