If Workers Do Not Have the Skills That Are Required

question 146

Multiple Choice

If workers do not have the skills that are required in the job market,which of the following will occur?

• A)Structural unemployment.
• B)Seasonal unemployment.
• C)Cyclical unemployment.
• D)Frictional unemployment.

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Definitions:

Propensity Analysis

The use of statistical techniques to predict the likelihood of a specific event or behavior occurring.

Outsourcing

The practice of delegating certain tasks or functions to external parties or contractors instead of handling them in-house.

Revocability

The capability or the right to withdraw or cancel something, such as privileges, decisions, or policies, often within a legal or contractual context.

Organizational Effectiveness

Refers to how efficiently and effectively an organization achieves its goals and meets its stakeholders' needs.