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Which Dimension of the General Environment Represents the Demographic Characteristics

question 75

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Which dimension of the general environment represents the demographic characteristics, norms, customs, and values of the population within which the organization operates?


Definitions:

Income Inequality

The unequal distribution of income among individuals or groups within a society.

Labor-intensive Products

Goods that require a relatively high amount of labor to produce, compared to the amount of capital required.

Gini Coefficient

A measure of income inequality within a population, ranging from 0 for perfect equality, to 1 for maximal inequality.

Developing Nations

Countries with a lower living standard, underdeveloped industrial base, and low Human Development Index relative to other countries.

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