Refer to Figure 31

question 11

Multiple Choice

Refer to Figure 31.2.What is the competitive level of wages and employment?

• A) $11 per hour and 50 workers.
• B) $9 per hour and 40 workers.
• C) $7 per hour and 50 workers.
• D) $6 per hour and 40 workers.

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Definitions:

Overall Environment

The total surroundings and conditions in which an individual, organization, or system operates, encompassing both external and internal factors.

Key Advantages

Fundamental benefits or positive aspects that distinguish a concept, method, or entity from others, providing it with competitive advantages.

Controlling Behavior

Actions designed to dominate or dictate the actions, thoughts, or feelings of others through authority or manipulation.

Human Capital Value

The way employees work toward the strategic goals of an organization to achieve competitive advantage.