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The Tangible and Intangible Factors That Create a Less Than

question 78

Multiple Choice

The tangible and intangible factors that create a less than desirable situation is referred to as ____________ risk.


Definitions:

Environmental Scanning

The process of collecting, analyzing, and using information about trends, events, and relationships within an organization's internal and external environment.

General Conditions

The overarching terms, situations, or factors that apply broadly across different contexts, often framing the environment in which specific actions or activities occur.

National Unemployment Rates

The percentage of the labor force that is jobless and actively seeking employment, measured across a country.

Labour Supply

The total hours that workers are willing and able to work at a given wage rate.

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