What Statement Depicts the Importance of the Labour Market and Its

question 39

Multiple Choice

What statement depicts the importance of the labour market and its influence on an organization's ability to implement strategy?

• A)The labour market is the most important demographic factor that should be monitored.
• B)The labour market is the most important economic factor that should be monitored.
• C)The labour market is the most important social factor that should be monitored.
• D)The labour market is the most important global factor that should be monitored.

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Definitions:

Line Positions

Roles within an organization that are directly involved in its core business activities, typically involving decision-making authority.

Male Counterparts

Refers to men in roles, positions, or situations corresponding to those of women or others for comparison purposes.

Underutilized

Not used to its fullest potential or capacity.

Human Resource

The personnel of an organization or business seen as a significant asset in terms of skills and abilities.