Which of the Following Is an External Labour Market Trend

question 1

Multiple Choice

Which of the following is an external labour market trend that planners should examine?

• A)Labour market forecasts
• B)Unemployment rate
• C)The kinds of people who will be in the labour market
• D)All of the above.
• E)None of the abovE.

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Definitions:

Capitalistic Class

A social class comprising individuals and families that own capital, investments, or businesses, and derive their income from their investments or business operations.

Means of Production

Refers to the physical and non-physical inputs used in the production of goods and services, including factories, machinery, and capital.

Labor Problem

Issues arising from the employment relationship, typically involving disputes over working conditions, wages, or treatment of workers.

Human Resources School

An approach to management that emphasizes the importance of effective personnel management and the well-being of employees in the workplace.