Examlex
Organizations interact with their constantly changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?
Macroeconomic Forecasts
Predictions about the future state of an economy’s overall performance, including variables such as GDP growth, inflation, and unemployment rates.
Penetration Rate
The percentage of a target market that consumes a product or service, indicating the level of acceptance and market saturation.
Price Wars
A competitive situation where retailers or manufacturers continuously lower prices to undercut competitors, often resulting in decreased profit margins.
Consolidation
The process of combining multiple accounts or businesses into a single aggregation for reporting and analysis purposes, or the decrease in a stock's price volatility and the formation of a clear resistance or support level after a significant price movement.
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