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Memo: The Basics Of How Labor Forces Influence International Business

Essay specific features

 

Issue:

Business

 

Written by:

Teresa O

 

Date added:

December 16, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 672

 

Was viewed:

7423 times

 

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Essay content:

Quality factors of labor quality affected in a market include: education, intelligence, and experience. Issues that lower the price of labor in a given market include: greater supplies of labor, lower demand for labor, lack of labor unions, and lack of government regulation. Good labor quantity or number of available workers in a market is very important to the labor demands...
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Good labor markets are important to keep unemployment low and wages, employment and income at a higher rate. Usually, the labor forces are made up of the working age societies who are participating workers, people actively employed or seeking employment. There is a large pool of unemployed such as Students, retirees, parents that home school, prisoners or those institutionalized as well as unskilled workers who have a hard time finding work or the disabled...
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