Examlex
Strategists in multinational corporations are often confronted with the need to be globally competitive and nationally responsive at the same time.
Frictional Unemployment
The short-term unemployment that arises from people moving between jobs, careers, or locations.
Technological Improvement
Enhancements in technology that increase the efficiency of production or the quality of goods and services.
Labor Union
An organization formed by workers to protect their rights and interests, often negotiating wages, work hours, and working conditions with employers.
Structural Unemployment
A form of unemployment caused by shifts in the economy, such as technological changes or global competition, that create a mismatch between the skills workers have and the skills needed by employers.
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