An Important Method Used by Organizations to Acquire Information and Knowledge

question 1

Multiple Choice

An important method used by organizations to acquire information and knowledge is by "scanning" the external environment.Which of the following would NOT be considered an external source of such information or knowledge

• A)customers
• B)competitors
• C)employees
• D)industry experts

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Definitions:

Automatic Stabilizers

Economic policies and programs that automatically adjust to counteract economic fluctuations without the need for explicit government intervention.

Automatic Stabilizer

Economic policies and programs, such as unemployment insurance and progressive taxation, that automatically adjust to counteract economic fluctuations without the need for explicit government intervention.

Unemployment Benefits

Payments made by the government to unemployed individuals, intended to provide a source of income while they seek new employment.

Stabilization Policy

A government strategy aimed at managing economic cycles by adjusting fiscal policy or monetary policy to stabilize the economy.