The Condition of the Labour Market Is a Key Environmental

question 49

Essay

The condition of the labour market is a key environmental influence on human resources management in any organization.With the end of mandatory retirement in most Canadian jurisdictions,there are employees from all four of the demographic groups in the workforce.Identify and briefly describe each of the four demographic groups,then describe two challenges posed by the differences between the demographic groups in the workplace.

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Definitions:

Fraction

A numerical quantity that is not a whole number, represents a part of a whole, typically written with a numerator and a denominator separated by a slash.

Consumers

Individuals or households that use goods and services generated within the economy.

Import Quota

A restriction set by the government on the amount or cost of products allowed to be brought into a country from abroad.

Tariff

A tax imposed by a government on goods and services imported from other countries.