Value Added / 14 National Labor Forces

Download or read book Value Added / 14 National Labor Forces written by Annette E. Meyer and published by Dorrance Publishing. This book was released on 2012 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: An individual cannot be replaced by a clone, a robot, or other intelligent automaton. As a human resource contributing to national output, the multi-dimensional nature of the contributions is not evident in the accounting estimates. Value Added / 14 National Labor Forces examines the interactions of persons as workers within their national boundaries. The amount and quality of their performance depends on both personal factors-such as health and wage income-and social aspects-such as labor market conditions and available retirement plans.The complex logistics of production within and across nations emphasizes the prominence of external circumstances in decision-making. Multinational corporations, off shoring, new consumer markets, natural resources, food supply, sanitation facilities, internet communications, and growth possibilities are among the tactical strategies to be resolved. In the end, the sum of value added of the individuals at work in each nation is inevitably linked to the global and national government context in which the actual production and financial decisions take place.