QUESTION 1 Which of the following is not a barrier in the fluidity of hiring workers...
QUESTION 1
Which of the following is not a barrier in the fluidity of hiring workers in the international labor market?
a. language.
b. education
c. culture.
d. laws.
QUESTION 2
Individuals are the job seekers and companies are the labor suppliers in the labor market.
True
False
QUESTION 3
The prevailing wage in the labor market is the result of the forces of demand and labor supply.
True
False
QUESTION 4
Outsourcing and relocation should be based on marginal analysis.
True
False
QUESTION 5
Discuss how unions can impact the compensation and benefits of employees in international companies.
Homework Answers
Ans 1) Correct option is education, It is not a barrier in the fluidity of hiring workers in the international labor market because the education is the only thing which give the knowledge.
Ans 2) FALSE, because labor markets job seekers are the suppliers of the laor.
Ans 3) True ,The prevailing wage in the labor market is the result of the forces of demand and labor supply.
Ans 4) FALSE, because marginal analysis is the additional benifits for the activity like, the cost to produce more widgets by adding the one worker more.
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