Which of the Following Could Decrease Labour Demand

question 162

Multiple Choice

Which of the following could decrease labour demand?

• A)an increase in migrant workers
• B)a decrease in demand for the final product produced by labour
• C)a decrease in the labour supply
• D)an increase in the marginal productivity of workers

Recognize the importance of correct journal entries in maintaining accurate financial records.

Comprehend the role of the trial balance in the accounting cycle and the preparation of financial statements.

Understand the components and purpose of various decision-making models, including the RAPID model, rational model, organizational model, and garbage can model.

Differentiate among decision types, such as programmed vs. nonprogrammed decisions and strategic vs. tactical decisions.

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Definitions:

Traditional Entrepreneurship

The pursuit of opportunity to create value through the establishment and management of a business, often focusing on profit, growth, and innovation in a conventional manner.

Social Entrepreneurship

A form of entrepreneurship where the primary focus is on addressing social issues and making a positive impact on society, rather than maximizing profit.

Grameen Bank

A microfinance organization and community development bank founded in Bangladesh that makes small loans to the impoverished without requiring collateral.

Microloans

Small, often short-term loans aimed at supporting small-scale enterprises or individuals who lack access to traditional banking services.