Which of the Following Is Likely to Be a Benefit

question 77

Multiple Choice

Which of the following is likely to be a benefit of foreign investment in a developing country?

• A) Domestic firms are subjected to foreign competition
• B) Labor-intensive industries grow quickly
• C) New technology is adapted
• D) The natural rate of unemployment falls to zero
• E) The rate of inflation declines

Identify and describe the factors affecting human resource strategy formulation.

Recognize the impact of an organization's purpose and mission on its HR practices.

Compare and contrast related and unrelated diversification.

Know how to evaluate an organization's human resource function.

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Definitions:

Trade

The exchange of goods and services between parties.

Imports

Goods or services brought into one country from another for the purpose of sale.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to a nation's economy by generating income and employment.

Equilibrium Price

Equilibrium Price is the market price at which the quantity of goods supplied equals the quantity of goods demanded.