Examlex
A divest price strategy continues to raise prices slowly with expected decreases in volume until the business has exited the market.
Quantity Of Labor
The total hours worked or the number of workers employed by a business or within an economy.
Contracting Services
The process of engaging an external company to provide services that could be performed by in-house staff.
Signaling View
An economic theory that suggests that education serves as a signal to employers about a potential employee's abilities.
Surplus Of Labor
An excess supply of labor in the job market, where the number of workers seeking employment exceeds the number of job vacancies.
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