Organizing a Business Begins with

question 313

Multiple Choice

Organizing a business begins with

• A) acquiring the necessary resources.
• B) choosing the best qualified employees.
• C) developing an efficient plan of action.
• D) determining the work to be done.

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Definitions:

Unemployment Rate

The fraction of individuals in the labor force who are without jobs and are searching for employment.

Percentage Point

A unit of measurement used in expressing the difference between two percentages or proportion values.

Seasonally Adjusted

A statistical technique used to remove seasonal variations from data to reveal underlying trends.

Unemployment Rate

The proportion of the workforce that is unemployed and actively looking for work.