A local labor market
A) comprises the entire population of people in the local operating area.
B) comprises a country's pool of people with the required skill set.
C) comprises the pool of available employees with the necessary skills and who are within commuting distance.
D) comprises the pool of employees with the necessary skills who are in the country or surrounding nations.
E) comprises the pool of unemployed people within commuting distance of the employer.

Question

Quizplus · Accepted Answer

When a foreign company enters a new nation, it must take what it finds in terms of the local labor market, which refers to the pool of available employees with the necessary skills who are within commuting distance of an employer.

A Local Labor Market