Briefly explain geographic labor markets.

What will be an ideal response?


One common way to classify labor markets is based on geographic location. Markets can be local, area or regional, national, or international. Local and area labor markets vary significantly in terms of workforce availability and quality, and changes in a geographic labor market may force changes in recruiting efforts. Geographic markets require different recruiting considerations. For example, attempting to recruit locally for a job market that is a national competitive market will likely result in disappointing applicant rates. Varying geographic labor markets must be evaluated as part of recruiting. It is often a function of how much the jobs pay in addition to the quantity of available talent. 

Business

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Under the Uniform Commercial Code, only the buyer can demand assurance from the other party that the contract will be performed.

Answer the following statement true (T) or false (F)

Business

A well-conceived strategic vision helps prepare a company for the future. True or false? Explain and justify your answer.

What will be an ideal response?

Business

Which of the following statements is CORRECT?

A. If the Federal Reserve unexpectedly announces that it expects inflation to increase, then we would probably observe an immediate increase in bond prices. B. The total yield on a bond is derived from dividends plus changes in the price of the bond. C. Bonds are generally regarded as being riskier than common stocks, and therefore bonds have higher required returns. D. Bonds issued by larger companies always have lower yields to maturity (due to less risk) than bonds issued by smaller companies. E. The market price of a bond will always approach its par value as its maturity date approaches, provided the bond's required return remains constant.

Business

A firm can reduce its cash conversion cycle by ________

A) increasing the average age of inventory B) increasing the average collection period C) increasing the operating cycle D) increasing the average payment period

Business