Regulations That Make It Difficult to Enter a Particular Job

question 25

Multiple Choice

Regulations that make it difficult to enter a particular job market are harmful because

• A) they reduce competition and prevent some voluntary exchanges from occurring.
• B) they fail to stop business exploitation of workers and consumers.
• C) they cause profits to become more unpredictable.
• D) they reduce tax revenue collected.

Recognize the importance of corporate social responsibility in international expansions.

Identify the challenges in integrating technology and its impact on workers and HR practices.

Recognize the importance of HR professionals understanding economic and financial aspects of their organization.

Understand the processes and strategies for managing organizational change.

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Definitions:

Fifth Power

Raising a number or expression to the exponent of five, multiplying it by itself four times.

Hooke's Law

A principle of physics that states the force needed to extend or compress a spring by some distance is proportional to that distance.

Spring Scale

A scale that measures weight or force by the stiffness of springs.

Hooke's Law

A principle stating that the force needed to extend or compress a spring by some distance scales linearly with respect to that distance.