When There Is a Mismatch Between the Skills Required for a Job

question 71

Multiple Choice

When there is a mismatch between the skills required for a job and the skills of job seekers,the unemployment that results is an example of

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

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Definitions:

Innovative Solutions

Creative and effective approaches to solving problems or meeting new requirements, often leading to improved products or processes.

Upsizing

The practice of increasing the size or capacity of an organization through the expansion of operations or workforce.

Declining Revenues

A situation where a company or organization experiences a reduction in the income generated from its operations over a period.

Managing Finances

The process of organizing, planning, and controlling financial resources to achieve personal or organizational objectives.