Human resourcWhat statement depicts the importance of the labour market and its influence on an organization's ability to implement strategy? Question 37 options: The labour market is the most important demographic factor that should be monitored. The labour market is the most important economic factor that should be monitored. The labour market is the most important social factor that should be monitored. The labour market is the most important global factor that should be monitored.es management (HRM) can be viewed as an umbrella term that encompasses three elements. What are these three elements? Question 23 options: philosophies, policies, and practices emergent, intended, realized transactional, transformational, temporal internal, external, results