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Scenario: Bob Baldwin
As an owner and manager of Tricky Toys, Bob Baldwin has been fascinated by all the changes occurring and transforming the workplace.Bob is concerned about the important OB trends that he can understand and take advantage of in developing and positioning his company in the marketplace.
-Bob has never liked the idea of telecommuting for employees of Tricky Toys.According to research, telecommuting offers all of these benefits EXCEPT:
Consumer Price Index
A gauge that assesses the combined average prices of a variety of consumer products and services, encompassing transportation, food, and medical attention.
Cyclical Unemployment
This type of unemployment is caused by the downturns in the business cycle, where workers lose their jobs due to a lack of demand during economic recessions.
Discouraged Worker
An individual who has stopped looking for employment due to the belief that no jobs are available for them or there are none for which they would qualify.
BLS
The Bureau of Labor Statistics, a US government agency responsible for collecting and analyzing critical economic data, including employment and inflation.
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