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What does these hypothesis mean explain in simple words

3. *Employment Hypothesis*: The presence of Asian businesses in Goroka generates employment opportunities and enhances skills development in the local labor market.
4. *Collaboration Hypothesis*: PNG businesses that collaborate with Asian businesses experience improved competitiveness and performance.

1 answer

Sure! Here’s a simple explanation for each hypothesis:

  1. Employment Hypothesis: This idea means that when Asian businesses open and operate in Goroka, they create jobs for local people. This can help the local workers learn new skills, which improves their abilities to work and find good jobs in the future.

  2. Collaboration Hypothesis: This suggests that when businesses in Papua New Guinea (PNG) work together with Asian businesses, they become stronger and do better. Collaboration can lead to sharing knowledge, resources, or practices that make them more competitive in the market, which improves their overall success and performance.