Which of the Following Is an External Labour Market Trend

question 48

Multiple Choice

Which of the following is an external labour market trend that planners should examine?

• A) Measures of the economy
• B) Actions of competitors
• C) Changes in technology
• D) Measures of the economy,"Actions of competitors," and "changes in technology"
• E) None of the choices are correct.

---

Definitions:

Gross Profit

The difference between the revenue earned from selling goods or services and the cost of goods sold, not including overhead or other indirect expenses.

Cost of Goods Sold

The direct monetary requirements for producing goods that a company sells, involving both materials and workforce.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated as the beginning inventory plus purchases minus cost of goods sold.

Increases

An upward adjustment or rise in an account value, assets, revenue, or profits within a company's financial statements.