Which of the Following Scenarios Would Serve to Decrease the Demand

question 151

Multiple Choice

Which of the following scenarios would serve to decrease the demand for unskilled labor in our country?

• A) increased productivity gains among the unskilled laborers.
• B) increased demand for goods produced by unskilled labor.
• C) increased international trade with countries where unskilled labor is more plentiful.
• D) increased supply of migrant workers.

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Definitions:

Shared Service Units

Divisions within a company that provide services to multiple departments, improving efficiency and reducing costs.

Cost Centre

A segment of an organization where costs can be accumulated, but which does not directly generate revenue.

Standardised Services

Services that are provided in a consistent manner every time, ensuring uniform quality and experience across all service points.

Profit and Loss Statement

A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time, usually a fiscal quarter or year.