Business & Financial Markets
Fundamentals of Business
7.1.4 Apparent Shortages and Multitudes of Skills
The Programming Wisdom Centre has identified a possible conundrum whereby there may be a skills
shortage from the employer's perspecti perspective ve but not the employee's perspective perspective. This can happen when many
"sub-skills" are involved in the selection process, such as requirements for multiple programming languages
and computer tools often found in technical job ads. The phenomenon may account for seemingly
contradictory complaints from both large companies and technical professionals regarding visa worker
quotas.
The theory suggests that the more skills that are involved, the higher the gap between primary matches and
secondary matches. Combing the globe for candidates allegedly increases the chances of a better match.
However, it may reduce the chance of a citizen being hired even though on the average their skills are on
par. In other words, having a wider choice reduces the chances of a citizen being the best candidate due to
probability field increase alone rather than lack of skills on the citizen's part.
7.1.5 Minorities
A minority or subordinate group is a sociological group that does not constitute a politically dominant
plurality of the total population of a given society. A sociological minority is not necessarily a numerical
minority it may include any group that is disadvantaged with respect to a dominant group in terms of
social status, education, employment, wealth and political power.
7.1.6 Women
Women are among the under represented group, despite the fact that, they are equal to men, they do face
discrimination of some kind.
For instance
Women in industry and commerce face glass ceilings
unfair dismissals from their jobs by simply getting pregnant
Sexual harassment yet women are not insignificant they have a bigger role to play in any economy.
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