Organizations in highly labor-intensive industries are usually more able to provide wage increases than organizations that are in more capital-intensive industries.

Question

Quizplus · Accepted Answer

Organizations in highly labor-intensive industries often have tighter margins on labor costs, making it more challenging to provide wage increases compared to capital-intensive industries, where the focus is more on machinery and equipment, potentially allowing for more flexibility in wage adjustments.

Organizations in Highly Labor-Intensive Industries Are Usually More Able to Provide