_____ Unemployment Is Caused by Changes in Consumer Demands or Technology

question 183

Multiple Choice

_____ unemployment is caused by changes in consumer demands or technology.

• A) Structural
• B) Frictional
• C) Seasonal
• D) Cyclical

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Definitions:

Business-Format Franchise

A franchise model where the franchisor provides the franchisee with a complete system for operating a business, including brand, operational procedures, marketing, and support.

Proven Product

A good or service that has been tested and confirmed to meet certain standards of quality or demand in the market.

Marketing Expertise

Marketing expertise refers to specialized knowledge or skills in the sphere of marketing that help in creating, communicating, delivering, and exchanging offerings that have value for customers.

Efficiency

A measure of the ability of a person, machine, system, or process to achieve its goals with the minimum amount of waste, expense, or unnecessary effort.