Which of the Following Individuals Is the Best Example of a Structurally

question 167

Multiple Choice

Which of the following individuals is the best example of a structurally unemployed worker?

• A) a recent college graduate who has entered the labor force
• B) an individual who has been laid off from his job because of a business cycle recession
• C) an automobile worker who has lost her job because of an increase in automobile imports and does not have the skills currently needed by businesses
• D) an individual who quits one job in the hope of finding a better job

---

Definitions:

Setup Cost

The expenses associated with configuring or preparing equipment, machinery, or production lines for manufacturing a new product batch or type.

Operate

Operate refers to the process of controlling and managing the functions of systems, machinery, or organizations.

Strategic Planning

A systematic process for envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Supply Chain Network Design

The strategic planning and setup of a network of interconnected businesses involved in the provision of product and service packages required by end customers.