Diversifying the workforce is considered as very important for organizations, due to couple of reasons, such as: a. Creating a variety b. Corporate duty C. Creating a pool of talent d. Economic development
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- 4. Only people who have certain natural talents can be Entrepreneurs. 5.Entrepreneurs are extreme risk takers 6. Entrepreneurs seek success but experience high failure rates 7. Ignorance is bliss for Entrepreneurs 8. All Entrepreneurs need is luck 9. Money is what the Entrepreneurial venture need to survive 10. Entrepreneurs must fit the standard Entrepreneurial profileWhich one is considered a discouraged worker? A person stopped looking for a job but would accept one Retired person Fresh graduate entering the labor market High School StudentProductivity is measured as The dollar value of a worker’s hour of work. An increase in the GDP of a nation. The change in total production over time. The number of hours of work per month per worker.
- Some types of technological changes reduce the cost of capital. Use the concepts of substitutability and complementarity to discuss how such technological change could be good for some workers and bad for other types of workers.The ability to manage time very well and take care of business in an efficient manner is linked to which personal feature of a businessperson? a. Interpersonal skills b. Teambuilding skills c. Leadership skills d. Personal effectivenessWhich of the following answer is correct ? Factor of production: getting a loan through a local bank to buy material or expand. A)Entrepreneurship B)Capital C)Labor D)Land
- Productivity is measured as Group of answer choices The dollar value of a worker’s hour of work. An increase in the GDP of a nation. The change in total production over time. The number of hours of work per month per worker.Explain the given headings how they impact on the development of society? Printing Press. The Telephone. Steam Engine. Antibiotics.Illiteracy is the main cause of low quality of life
- How does the labor market and workforce dynamics, including skills shortages, talent mobility, and labor laws, influence the business environment?In factor markets, entrepreneursStocks and bonds are examples of: a) natural resources. b) financial capital. c) physical capital. d) financial labor. e) internal capital. ?