Chris Is Looking for Work After School, but Everywhere He

question 155

Multiple Choice

Chris is looking for work after school, but everywhere he fills out an application he is told that so have lots of others. Marco has an accounting degree. Several firms have made him offers, but he thinks he might be able to find a firm where his talents could be put to better use. Which category of unemployment do Chris and Marco belong to?

• A) Chris and Marco are both frictionally unemployed.
• B) Chris and Marco are both structurally unemployed.
• C) Chris is frictionally unemployed, and Marco is structurally unemployed.
• D) Chris is structurally unemployed, and Marco is frictionally unemployed.

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Definitions:

Organizational Values

The core principles or beliefs that guide an organization's actions, decisions, and interactions with stakeholders and within society.

Global Operations

The activities involved in running a business on an international scale, dealing with production, logistics, and management across different countries.

Network Structure

A framework that maps out the connections and relationships within a network, highlighting how entities are organized and interact with each other.

Functional Structure

A method of organizing a company where activities are grouped based on their function, leading to departments like marketing, finance, and HR.