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How Work is Changing
Vocabulary Terms
| Question | Answer |
|---|---|
| Economy | refers to the ways people make, buy, and sell goods and services |
| Goods | are items that people buy |
| Services | are activities people do for others for a fee |
| global Economy | is the world's economies and how they are linked |
| Job Market | is the need for workers and kinds of work available to them |
| Labor Force | all people over the age of 16 who work or are seeking work |
| E-Commerce | is the buying and selling of goods and services via the Internet |
| Gender equity | is equal employment opportunity for all regardless of gender |
| Team | is a group of people who work together toset goals and make decisions to solve problems and put ideas into action |
| Workforce diversity | is achieved by employing workers with different backgrounds, experiences, ideas,and skills |
| Job sharing | is a flexible work arrangement that allows two part-time employees to divide one full-time job |
| Outsourcing | is using outside resources to do tasks traditionally handled by internal staff |
| Telecommute | work at home for a company |
| flextime | is a work schedule arrangement that allows workers to choose work hours that fit their particular needs |