Frictional Unemployment

question 43

Multiple Choice

Frictional unemployment

• A) exists when jobs are available for qualified workers but the unemployed lack the required qualifications.
• B) refers to the social frictions caused by unemployment.
• C) results from the entrance of new workers into the labor market and the voluntary movement of workers between positions.
• D) was the major component of unemployment during the Great Depression.
• E) can and should be completely eliminated.

Identify the various international operations strategies and their characteristics.

Describe the role and steps involved in operations management.

Distinguish between examples and non-examples of transnational firms.

Understand the implications of product life cycle stages on operations management strategies.

---

Definitions:

Environmental Input

The sensory, social, and physical data from the environment that affects an individual's development and behavior.

Gender Role

A set of societal norms dictating what types of behaviors are typically considered acceptable, appropriate, or desirable for people based on their actual or perceived sex.

Gender Identity

Awareness, developed in early childhood, that one is male or female.

Gender-typing

The process of adopting roles and behaviors considered culturally appropriate for one's gender.