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    internal labor markets

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    Describe three typical features of "internal" labor markets that are not typical of competitive "McJobs" markets.

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    Internal Labor Markets:

    An internal labor market is an administrative unit in the business environment where the labor pricing and allocations are directed by a set of governing principles and procedures. There are entry levels ...

    Solution Summary

    This solution overviews internal labor markets and provides a description of some of the features of such markets.