According to the Textbook,a Skills Crisis Has Led to What

question 57

Multiple Choice

According to the textbook,a skills crisis has led to what major problem in the manufacturing sector?

• A) Demand for greater compensation
• B) Reduction in quantity of products
• C) Higher absenteeism
• D) Reduction in quality of products
• E) Lack of qualified workers

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Definitions:

Reduced Price

A lowered cost or value of an item or service, typically to encourage purchase or due to decreased demand.

Cognitive Miser

A term used to describe people’s reluctance to do much extra thinking.

Carefully Thinks

A cognitive process involving deliberate and thorough consideration of various aspects of a situation or problem.

Rational Decision

This term describes a decision-making process that is based on making choices that result in the optimal level of benefit or utility for an individual.