Structural Unemployment Is

question 401

Multiple Choice

Structural unemployment is

• A) associated with changes in technology that change required job skills.
• B) associated with general downturns in the economy.
• C) associated with the changing of jobs in a dynamic economy.
• D) very short- term unemployment.

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Definitions:

Organizational Survival

Refers to the ways in which a company maintains its existence and sustains its operations over time in a competitive marketplace.

External Adaptation

The process by which an organization or group adjusts and responds to changes and challenges in its external environment.

Competition

The rivalry between entities to achieve superiority in a specific area, often leading to innovation and improvement.

Mission

The fundamental purpose or goal of an organization or individual, often defined in a mission statement.