In Order to Help Their Employees Move from One Job

question 148

Multiple Choice

In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporations must offer ____ as part of their employee development programs.

• A) retraining
• B) glass ceilings
• C) occupational priorities
• D) comparable worth

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Definitions:

Monopoly Power

The control held by a single entity over the entire market for a product or service, allowing it to significantly influence or set prices.

Lawsuits

Legal actions taken by one party against another for the redress of grievances in a court of law.

Wal-Mart

A multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

Natural Monopoly

A market condition where due to high fixed costs or unique product, a single firm can supply a product or service to an entire market at a lower cost than two or more firms.