E-Commerce and an Internet Presence Are Important to Many Firms,requiring

question 71

Multiple Choice

E-commerce and an internet presence are important to many firms,requiring employees with specialized skills that are in short supply.The invisible hand solves the employment problem by:

• A)encouraging the government to set up new training programs.
• B)giving selfish workers the incentive to acquire the skills in order to receive high wages.
• C)allowing the few employees with the skills to exploit the firms.
• D)moving slowly until the e-commerce craze ends.

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Definitions:

Daily Hassle

Routine challenges or minor annoyances that individuals face in their everyday life, which can accumulate and affect their overall stress levels.

Catastrophe

A sudden and widespread disaster that causes great damage or suffering.

Trauma

A deeply distressing or disturbing experience that can have long-lasting psychological effects.

Macrophage

A type of white blood cell that engulfs and digests cellular debris, foreign substances, microbes, and cancer cells in a process known as phagocytosis.