0
What else can I help you with?
How does the labor market affect business?
If there is a shortage of suitably qualified personnel to employ, then the salaries of the qualified staff goes up. If you can not hire then you can not make. Some buisnesses will locate to places where there is a skilled labor force. If there is no shortage of qualified labor then the salaries of employees goes down. Business will move production to the place of cheapest labor.
What are the factors that limit industrial development in less developed countries?
low capital accumulation lack of skilled labor lack of technology
Why do international managers want to know what the unit labor costs in various countries are?
1) Cost Competitiveness ensures competitive leverage at global level 2) At times outsourcing is required (China, Philippines, India) for skilled labor 3)Deciding factor for gaining and retaining international skilled labor in the countries (HR International Managers) 4) To function a multi-national , international labor cost reports of disclosure are required
What are the features of labor?
the three features of labour are: skilled semi-skilled unskilled
Industries which employ a division of a labor are making effective use?
Specialization
How does the category of semi-skilled labor differ from unskilled labor?
There is a difference between semi-skilled labor and unskilled labor. Semi-skilled labor requires some training. Unskilled labor does not require the same type of training.
Type of labor necessary in a food business?
unskilled, semi-skilled and skilled labor
Industries which employ a division of labor are making effective use of what?
Industries which employ a division of labor are making effective use of what?
What is skilled labor?
The term skilled labor refers to work that can only be done by people who are highly trained.
How does the labor market affect business?
If there is a shortage of suitably qualified personnel to employ, then the salaries of the qualified staff goes up. If you can not hire then you can not make. Some buisnesses will locate to places where there is a skilled labor force. If there is no shortage of qualified labor then the salaries of employees goes down. Business will move production to the place of cheapest labor.
What are the factors that limit industrial development in less developed countries?
low capital accumulation lack of skilled labor lack of technology
Why do international managers want to know what the unit labor costs in various countries are?
1) Cost Competitiveness ensures competitive leverage at global level 2) At times outsourcing is required (China, Philippines, India) for skilled labor 3)Deciding factor for gaining and retaining international skilled labor in the countries (HR International Managers) 4) To function a multi-national , international labor cost reports of disclosure are required
Who did American Federation of Labor represent?
skilled craftsmen
How does the market affects the business?
If there is a shortage of suitably qualified personnel to employ, then the salaries of the qualified staff goes up. If you can not hire then you can not make. Some buisnesses will locate to places where there is a skilled labor force. If there is no shortage of qualified labor then the salaries of employees goes down. Business will move production to the place of cheapest labor.
Which labor organizations limited its membership to skilled craft union?
American federation of labor limited its membership to skilled craft union.
What are the features of labor?
the three features of labour are: skilled semi-skilled unskilled
What are the four major categories of labor?
unskilled, semiskilled, skilled and professional. unskilled=those who work primarily with their hands because they lack the training and skills required for other tasks. semiskilled-workers with enough mechanical abilities and skills to operate machines that require a minimum amount of training. skilled-includes workers who are able to operate complex equipment and can perform their tasks with little supervision. professional-those individuals with the highest level of knowledge based education and managerial skills.
