Which of the Following Is Most Likely to Reduce Structural

question 25

Multiple Choice

Which of the following is most likely to reduce structural unemployment?

• A)A reduction in wage rates
• B)Access to better information on local job openings
• C)Retraining workers in marketable skills
• D)Promotion of full employment through government stabilization policies
• E)Reducing the cost of job loss through enhanced unemployment benefits

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Definitions:

Multidomestic Strategy

A strategy used by companies where they tailor their products or services to each country or market in which they operate, accommodating local preferences and conditions.

Product Development

The process of bringing a new product or service to market, from idea generation to commercialization.

Functional Organizational Structure

An organizational framework where the company is divided into departments based on their function, such as marketing, finance, or manufacturing.

Meganational Strategy

A business strategy that emphasizes operating and competing in multiple countries as if they were a single global market.