Downturn in the economy of one country has negligible effect on the human resources markets globally.

Question

Quizplus · Accepted Answer

The downturn in the economy of one country can have a significant impact on the human resources markets globally. For example, if a large multinational company with operations in multiple countries experiences a downturn in one country, it may result in job cuts and a ripple effect on the company's operations in other countries. Additionally, if a country with a large economy experiences a downturn, it may result in lower demand for goods and services globally, leading to job losses across industries and countries.

Downturn in the Economy of One Country Has Negligible Effect