In a Global Economy Where Competition Is Intense, Why Will

question 18

Multiple Choice

In a global economy where competition is intense, why will employers have greater bargaining power?

• A) demand for labour is elastic
• B) supply of labour is elastic
• C) substitutes for local labour are expensive
• D) product markets are less competitive

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Definitions:

Business Writing

Professional communication through documents such as reports, emails, proposals, and memos, tailored for business contexts.

Active Voice

Active voice is a sentence construction where the subject of the sentence performs the action expressed by the verb, emphasizing the doer of the action.

Return Policy

A set of rules established by a company regarding how customers can return or exchange purchased items and under what conditions.

Unhappy Customers

Unhappy customers are individuals who are dissatisfied with a product, service, or experience, often leading to complaints or negative feedback.