Frictional Unemployment Is Inevitable Because

question 47

Multiple Choice

Frictional unemployment is inevitable because:

• A) different sectors do not shift.
• B) the economy needs to be lubricated.
• C) workers never quit their jobs to change careers.
• D) the demand for different goods always fluctuates.

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Definitions:

Organizational Behaviour

The study of both group and individual performance and activity within an organization, and how these behaviours can be improved through leadership and control.

Turnover Problem

Issues arising from a high rate of employees leaving an organization, which can lead to decreased productivity and increased training and recruiting costs.

Organizational Behaviour

A discipline that investigates the impact of individuals, groups, and structure on behavior within organizations for the purpose of applying such knowledge toward improving an organization's effectiveness.

Analysis

The process of examining components or structure of something typically for purposes of interpretation or understanding.