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Why the new staff would not be as productive as before

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Reference no: EM132488656

As the CEO of a company, you have a meeting with your operations manager. He wants you to let the company hire as many people as possible. You think it is not a good idea.

1. Explain why the new staff would not be as productive as before.

2. Use a graph to show how the benefits of hiring new staff will gradually be less than the cost of adding them to the team. Make sure to explain what this graph is showing.

3. What is the formula to assess if we should go ahead and hire new staff or we should stop hiring.

Reference no: EM132488656

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