As a personnel director of a major consulting firm, you have been asked to decide whether to hire new employees. At present the economy is in a recession, and you have more people than you need to operate the business. Next year there is a 65 percent chance you will need more people and a 35 percent chance you will need fewer people. What additional information would you need when making this decision? Explain.

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The Answer of As a personnel director of a major consulting firm, you have been asked to decide whether to hire new employees. At present the economy is in a recession, and you have more people than you need to operate the business. Next year there is a 65 percent chance you will need more people and a 35 percent chance you will need fewer people. What additional information would you need when making this decision? Explain.

As a Personnel Director of a Major Consulting Firm, You