Cooper Created Coop's Consulting to Earn a Profit, but by Working

question 242

Multiple Choice

Cooper created Coop's Consulting to earn a profit, but by working hard and increasing his market share, he was able to create jobs for others. This is an example of the ________ concept.

• A) circular flow
• B) invisible hand
• C) equitable income
• D) social dividend

---

Definitions:

Human Resources Function

The department within an organization responsible for managing recruitment, employment, training, and well-being of employees.

Labour Relations

Refers to the system of interactions between workers and management, or the relationships between employees and their employers, including negotiations, collective bargaining, and conflict resolution.

Unilateral Changes

Adjustments to policies, contracts, or conditions made by one party without consultation or agreement from the other party, often in employment or legal contexts.

Line Managers

Managers who have direct oversight and responsibility for certain employees and their work within an organizational structure.