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The excess resources that large companies tend to have to assist them are referred to as organizational redundancies.

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Final answer:

Organizational redundancies are the excess resources that large companies have to assist them. During a recession, companies retain workers to avoid costs. After a recession, companies may wait to hire new workers until they are confident.

Step-by-step explanation:

The excess resources that large companies tend to have to assist them are referred to as organizational redundancies. During a recession, companies may retain workers to avoid the costs of hiring and training new ones. Similarly, after a recession, companies may wait to hire new workers until they are confident that the improvement in business will last.

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