Examlex
The degree to which the job assignments are formalised and procedurised is the ________ contingency dimension according to Fiedler.
Base Year
A reference year against which economic growth or inflation is measured, often using indices in real GDP calculations or price levels.
Structural Unemployment
A form of unemployment caused by a mismatch between the skills that workers offer and the skills demanded by employers, often due to technological changes or shifts in the economy.
Computer-Operated Machines
Computer-Operated Machines are devices controlled by computers to perform various tasks, increasing efficiency and precision in manufacturing and other industries.
Structural Unemployment
Occurs when there is a mismatch between the skills that workers in the economy can offer and the skills demanded by employers.
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