Which Statement Is True

question 131

Multiple Choice

Which statement is true?

• A)Virtually all of the unemployed are collecting unemployment insurance benefits.
• B)During recessions cyclical unemployment falls.
• C)Our unemployment rate rarely rises above 5%.
• D)None of the statements are true.

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Definitions:

External Environment

All external factors outside of an organization that affect its operations, including market trends, economic conditions, and regulatory landscape.

Market-oriented

An approach or strategy that prioritizes understanding and meeting the desires and needs of customers within a market.

Market Information

Data related to consumers, competitors, and market trends that companies analyze to make informed business decisions.

Corporate Strategy

The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.