Which of the Following Is True Regarding the High-Tech Industry

question 117

Multiple Choice

Which of the following is true regarding the high-tech industry today?

• A) It generally depends on a pool of low-skilled labor.
• B) It has led to the increased economic development of previously rural areas.
• C) It is considered part of the manufacturing/industrial economic sector.
• D) Businesses are often located near major universities or research institutions.

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Definitions:

Primary Labour Market

Refers to sectors of the economy offering high-quality, secure jobs with good pay, benefits, and opportunities for advancement.

Secondary Labour Market

A segment of the labor market characterized by low-paying, insecure jobs, and often with limited opportunities for advancement.

Informal Network

A social network formed based on personal relationships and social connections, rather than formal contracts or organizational structures.

Codetermination Cooperatives

A form of corporate governance that involves the joint decision-making by workers and management in the operation of a business, typically found in cooperatives.