The Unemployment Due to Changes in the Types of Skills

question 128

Multiple Choice

The unemployment due to changes in the types of skills employers require is called __________ unemployment.

• A) structural
• B) cyclical
• C) natural
• D) frictional

Understand how firms can create competitive advantages through the value chain.

Recognize the purpose and process of conducting a value chain analysis.

Identify factors that contribute to a firm's cost advantage or differentiation advantage.

Understand the strategic priority of value chain activities in achieving competitive advantage.

---

Definitions:

Vigorous Running

Intense running activity that significantly raises heart rate and energy expenditure, contributing to cardiovascular fitness.

Brisk Walking

A moderate-intensity aerobic activity characterized by walking at a faster pace that increases heart rate while improving cardiovascular health.

Congenital Heart Defects

Birth defects that affect the structure and function of the heart, present at birth.

Adolescents

Individuals in the transitional stage of development between childhood and adulthood, typically ranging from ages 13 to 19.