A local labor market is made up of the entire population of people in the local operating area. a country's pool of people with the required skill set. the pool of available employees with the necessary skills and who are within commuting distance. the pool of employees with the necessary skills who are in surrounding nations.leadership traits across cultures, according to Project GLOBE, include planning, able to stick to schedule, and able to stay within budget. directive, not afraid of criticizing others, and direct. high context, high power distance, and high tolerance for ambiguity. effective bargainer, dependable, win-win problem solver, and plans ahead