Unemployment That Occurs from Fundamental Technological Changes in the Production

question 162

Multiple Choice

Unemployment that occurs from fundamental technological changes in the production, or from the substitution of new goods for customary ones, is known as:

• A) underemployment.
• B) seasonal unemployment.
• C) frictional unemployment.
• D) structural unemployment.
• E) cyclical unemployment.

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Definitions:

Customer Solutions

The process or strategy by which a company provides services or products tailored to meet the specific needs of its customers.

Consultative Selling

A sales approach where the seller acts as an advisor, understanding customers' needs and offering solutions that meet those needs.

Consultative Selling

A sales approach that focuses on building a relationship with the customer, understanding their needs, and offering solutions that meet those needs.

Adaptive Selling

Adaptive selling involves the sales approach being customized or adapted based on the interactions and responses of the customer, allowing for a more personalized service.