When the Unemployment Rate Rises, College Enrollment Increases as Workers

question 127

Multiple Choice

When the unemployment rate rises, college enrollment increases as workers seek to expand training. This is an example of:

• A) correlation and causation.
• B) a negative correlation.
• C) normative economics.
• D) macroeconomics.

Understand the significance of aligning company competitive strategy with supply chain strategy.

Differentiate between product development strategy and supply chain strategy.

Understand the components and functions within a supply chain.

Differentiate between the core elements of supply chain strategy and supplementary services.

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Definitions:

Core Job Characteristic(s)

Fundamental attributes of a job that affect an employee's work engagement and motivation, including skill variety, task identity, task significance, autonomy, and feedback.

Feedback from Job

Information and opinions about an individual's performance at work, often provided by supervisors or peers to aid in development and improvement.

Job Enlargement

Increasing the number of different tasks in a job to make it more varied and interesting for the employee.

Video Journalism

The practice of producing news and journalistic content through videos, often involving reporting, shooting, and editing by the journalist.