Examlex
Which of the following is an example of globalization of operations strategy?
Skills Demand
The requirement by employers for specific skills or qualifications from the workforce to fulfill job roles.
Structural Unemployment
A form of unemployment caused by fundamental changes in the economy that reduce the demand for certain skills or labor.
Petroleum Refinery
A processing plant where crude oil is transformed into various usable petroleum products such as gasoline, diesel fuel, asphalt base, heating oil, kerosene, and liquefied petroleum gas.
Oil to Natural Gas
The transition or conversion from using oil as a primary energy source to using natural gas, often due to environmental, economic, or supply considerations.
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