Companies compete for labor in the labor market. When the labor market is super competitive, companies are pressured to use FWA to signal to workers and potential workers that they are an “employer-of-choice”.Circle one: macro, meso, micro Companies compete for labor in the labor market. When the labor market is not very competitive, companies are less pressured to indicate they are an “employer-of-choice” and therefore may be less likely to make FWA a priority.Circle one: macro, meso, microManagers of work teams are concerned with performance. When making decisions about FWA accommodation, they may weigh the potential upsides (employee satisfaction, well-being, commitment) with the potential downsides (lack of performance if tasks are comprehensively interdependent and/or require employee presence).Circle one: macro, meso, microIndividuals vary in their level of desire for FWA. In other words, some people simply value flexible work arrangements more than others.Circle one: macro, meso, microIndividuals sometimes face competing responsibilities in their work and nonwork lives. These individuals potentially face judgement from others regarding their choice to use or not use FWA. Support from family members and supervisors is critical to help alleviate the stress of these competing responsibilities and potential stigmatization.Circle one: macro, meso, micro

“Since you have asked multiple questions, we will solve the first question for you. If you want any specific question to be solved, then please specify the question number or post only that question.”This can be described as a form of market in which no single producer or consumer has the power to influence the price or cost in the market, There is a lot of purchasers and buyers available in the market. Governments participate in very limited functions of the market, and a majority of the business is owned by private owners.The correct option is "micro."In this scenario, the use of Flexible Work Arrangements (FWA) by companies to signal themselves as an "employer-of-choice" primarily operates at the micro level. It directly involves individual companies and their strategies to attract and retain employees by offering flexible work options.The other options—macro and meso—are incorrect because:This option is incorrect because macro refers to the larger, overall economy or market trends, which might include factors like national employment rates or industry-wide labour market dynamics. The use of FWA by individual companies doesn't significantly impact the macroeconomic level.This option is incorrect because Meso typically refers to intermediate levels, such as specific industries or regional markets. While the use of FWAs might affect certain industry norms, it's primarily at the individual company level rather than an intermediate collective level.The correct option in this case is "micro."

Answered: Companies compete for labor in the…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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