Examlex
The moral-hazard problem and the desire of firms to lessen that problem serve as a plausible explanation for a firm paying above-equilibrium wages to its workers.
Competency
A combination of skills, knowledge, and behavior that is required to effectively perform specific tasks or roles within an organization.
Commitment
A pledge or obligation to do something, often requiring dedication and hard work, such as in a relationship or job.
Job Migration
What occurs when firms shift jobs from a home country to foreign ones.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale.
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