Which of the Following Are Characteristics of Internal Labor Markets

question 47

Multiple Choice

Which of the following are characteristics of internal labor markets?

• A)they help to control pay rates
• B)they help to control hiring
• C)they help to control promotions
• D)they help to reduce competition between workers and external labor suppliers
• E)all of these choices

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is global in scope.

Non-Controlling Interest

The portion of a subsidiary corporation's equity that is not owned by the parent corporation.

Consolidated Balance Sheet

A financial statement that summarizes the financial position of a parent company and its subsidiaries.

Fair Value

The proceeds from the sale of an asset or the outlay to move a liability in a non-chaotic market operation on the date of gauging.