Briefly Discuss the Factors to Be Considered in Defining the Relevant

question 4

Essay

Briefly discuss the factors to be considered in defining the relevant labour market for a given firm.

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Definitions:

Ascribed Status

A social position assigned to a person at birth or assumed involuntarily later in life, based on factors like gender, family heritage, and ethnicity.

Achieved Status

A social position that an individual gains through their own efforts, talents, or accomplishments, as opposed to being born into it.

Race

Historically, a group of people that was physically and genetically distinguished from other groups.

Gender

Socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse people.