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Sagot :
Management can survive a strike in an organization where labor costs are low, there is a weak demand for a product, and unemployment rates are high.
Industry and process where labor expenses make up a higher fraction of overall expenditures than do costs associated with the acquisition, maintenance, & amortization of capital equipment Labor-intensive businesses include those in agriculture, construction, & coal mining.
Industries that manufacture products or provide services demand a lot of manpower. Traditionally, the quantity of capital required to generate products and services was used to identify which sectors were labor-intensive. A few examples of industries that require a lot of work include agriculture, mining, tourism, and food service.
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