Competitive Analysis of Business Cycles

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Institutional Affiliation Competitive Analysis Business Cycles Labor is an important factor of production for all firms. Business information is not perfect at Wal-Mart Stores: economic experts are not dismayed or surprised with the unemployment rates at the stores. Employees at Wal-Mart stores are likely to be affected by frictional unemployment. This occurs at a result of everyday changes in the company's economic structure, which is likely to lead to the death of the firm. Employees at Wal-Mart are likely to get tired of the old bosses and old jobs. Bosses at Wal-Mart find the claim that subordinates are producing unsatisfactory work: workers are likely to enter and re-enter at Wal-Mart (Peterson, & Fabozzi, 2009). Structural unemployment occurs frequently at Wal-Mart because the firm does not hire qualified candidates for their jobs. Workers are required to perform any jobs and are paid less for their jobs. The company's minimum wage is extremely thus precipitating structural unemployment. Supervisors have a tendency of upsetting other workers and amounts to drop down in production and amount of work done. Other workers have proven to be mentally retarded: the company spends much time on supervision than production (Power, 2010). Statistics will not reveal the rate of structurally unemployed people at Wal-Mart. This is because such people are likely to gain the conviction that they can never be employed by Wal-Mart thus stops trying. Wal-Mart has realized
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