The Unemployment That Occurs During Recessions and Depressions Is

question 270

Multiple Choice

The unemployment that occurs during recessions and depressions is

• A) the natural rate of unemployment.
• B) cyclical unemployment.
• C) frictional unemployment.
• D) structural unemployment.

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Definitions:

Intermediate Planning

The process of setting goals and outlining strategies for the medium term, bridging the gap between day-to-day operations and long-term objectives.

SWOT Analysis

The step of strategic planning in which the managers identify the internal strengths and weaknesses of a business and the opportunities and threats that exist outside the business.

Strategic Planning

The process of defining a company's direction and making decisions on allocating its resources to pursue this strategy.

Internal Strengths

Unique capabilities within an organization that provide it with a competitive advantage in its industry.