Labor and Global Organizations

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Last updated 2:29 PM on 7/22/26
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6 Terms

1
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Labor quality

Assessment of employees' skills, attitude, education, and availability.

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Labor quantity

The number of people who have the required skills.

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Labor composition

The mix of required skills in the workforce.

4
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Labor market

The pool of available employees with the needed skills within commuting distance.

5
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Labor unions (key question)

Worker organizations that bargain collectively over wages and conditions. A key question abroad is whether it is tied to a political party, since that affiliation shapes how negotiations, strikes, and disputes play out.

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WEF (World Economic Forum)

International organization engaging leaders to shape global, regional, and industry agendas.