Examlex
Normal processing procedures for operations personnel involve procedures for ________.
Economic Environment
The economic factors that impact the operation and performance of businesses, including inflation, interest rates, economic growth, and unemployment rates.
Countercyclical Sales
Countercyclical sales refer to revenues generated from products or services whose demand increases during economic downturns, opposite to the general market trend.
PEST Analysis
A strategic tool used to analyze a company's external environment in four areas: Political, Economic, Social, and Technological factors.
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