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Describe five different changes and emerging trends in the global labor market. For each trend, briefly discuss challenges and opportunities that are presented to MNCs for global business success.
Valid License
An official permission or permit that meets all legal requirements to engage in a particular activity or profession.
Employment Agreement
An official document outlining the terms and conditions of employment between an employer and employee.
Traditional Rule
A conventional or longstanding guideline or principle that is generally followed within a specific field or context.
Modification of Rule
The process of formally changing or amending a rule or regulation, typically through an established legal or administrative procedure.
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