Suppose That the Bureau of Labor Statistics Predicts That the Number

question 24

Multiple Choice

Suppose that the Bureau of Labor Statistics predicts that the number of jobs for dental hygienists will grow faster than most occupations while the number of jobs for bookbinders will decline.This change in the labor market could lead to

• A)frictional unemployment created by efficiency wages.
• B)structural unemployment created by efficiency wages.
• C)frictional unemployment created by sectoral shifts.
• D)structural unemployment created by sectoral shifts.

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Definitions:

MBO Effectiveness

The impact or results achieved through Management by Objectives, a strategic management model that aims to improve organizational performance by defining objectives that are agreed upon by both management and employees.

MBO Failures

Instances where Management by Objectives, a strategic management model, does not achieve its desired outcomes, often due to poor implementation or unrealistic goal setting.

Productivity Gains

Increases in output per unit of input, often achieved through improvements in efficiency, technology, or methods of work.

Distributed Work

A work arrangement where tasks and responsibilities are carried out across multiple geographical locations or in a non-centralized fashion, often utilizing digital communication tools.