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The Figures Given Below Show the Demand (D)and Supply (S)

question 58

Multiple Choice

The figures given below show the demand (D) and supply (S) curves of labor in two different markets.Figure 16.3
The figures given below show the demand (D) and supply (S)  curves of labor in two different markets.Figure 16.3    -Which of the following is a major impact of offshoring? A) Elimination of domestic jobs B) Elimination of jobs in foreign countries C) Creation of jobs in the domestic country D) An increase in the cost of production of domestic firms E) A reduction in the cost of production of foreign firms
-Which of the following is a major impact of offshoring?


Definitions:

Referent Power

A form of influence that derives from the leader's ability to gain respect and admiration from followers, leading them to identify with or emulate the leader.

Empowerment

Granting individuals or groups the authority and confidence to make decisions and take actions autonomously.

Coercive Power

The ability of a person to influence others through the threat of punishment or the imposition of unpleasant consequences.

Legitimate Power

A form of authority where power is given to an individual due to their position and responsibilities within an organization.

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