Examlex
The creation of the Social Security program had no impact on the labor force participation rate because people are not interested in working past the age of 65.
Core Competency
A defining strength or ability that a company excels at, distinguishing it from competitors and contributing to its success.
Marketplace
An open environment in which goods and services are exchanged between buyers and sellers.
General Environment
The general environment encompasses the broad external conditions that can impact an organization, such as economic, legal, technological, and sociocultural factors, influencing its strategies and performance.
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