Asked by Jeffrey Sanchez on Sep 23, 2024
Verified
Which of the following statements BEST describes the global labor market?
A) There is no shortage of potential employees in the global labor market.
B) Most U.S. companies find that there is no better work force anywhere in the world than they can find at home.
C) The global work force is not as well educated as the U.S. workforce.
D) Employers find few, if any, college educated students in developing countries.
E) All of the above statements describing the global labor market are true.
Global Labor Market
The international marketplace where labor demand and supply interact, affecting employment and wages worldwide.
Work Force
The total number of a country's or organization's employees, including both the employed and those seeking employment.
Educated Students
Individuals who have acquired knowledge, skills, and critical thinking through formal education.
- Acquire insight into how organizations respond to evolving global labor markets and technological developments.
Verified Answer
Learning Objectives
- Acquire insight into how organizations respond to evolving global labor markets and technological developments.
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