Structural unemployment is caused by <u>people losing a job when their skills become obsolete due to technological innovations.</u>
- People who wish to work but are unable to obtain job are said to be experiencing structural unemployment. The abilities of the workers and the talents that businesses required do not match in structural unemployment.
- Because the abilities of the workforce won't change despite advances in technology, if technological breakthroughs improve, there will be structural unemployment.
- As a result of their inability to keep up with modern technology, they are losing their jobs.
<h2>
What is Structural unemployment?</h2>
A mismatch between the skills of the jobless and the jobs that are available is referred to as structural unemployment. It differs from cyclical unemployment in that it results from factors other than the business cycle. 1 It happens when an underlying economic shift makes it challenging for some people to find work. It is more difficult to reverse than other forms of unemployment.
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I'd definitely use paper products. Firstly they are less expensive than other types. Secondly it would save my factory money. According to usi.edu the construction costs of paper mills designed to use wasted paper is "<span>50 to 80% less than the </span>cost<span> of </span>a <span>mill using new pulp." Thirdly it is renewable because I could plant trees after I cut some down for my factory. </span>
Annual interest rate that factors in compounding effects.
Formula: APY = ( 1 + APR/n )^n - 1
B. Serena should focus on a certain amount and track her spending
Answer:
E. Shifting from a multi-country to a global strategy.
Explanation:
- The process of diversification allows the firms to reap the competitive advantages as the benefits of the skills and transfers, low costs economies of scope.
- Cross boundaries used by the powerful brands and collaboration in the creation of stronger and competitive capabilities.
- A diversified firms thus look for a global strategy to spread its risks and establish its business and develop its main strategic alternatives.
- The diversified firms hence have ample market opportunities and thereby brain the scope of the business.
