__________ Typically Occur Within the Competitive, Customer, Economic, Political/legal, Technological

question 22

Multiple Choice

__________ typically occur within the competitive, customer, economic, political/legal, technological, and/or sociocultural environments of the firm.

• A) Strengths and weaknesses
• B) Strengths and opportunities
• C) Opportunities and threats
• D) Weaknesses and threats
• E) Opportunities and weaknesses

---

Definitions:

Demand-Pull Inflation

Inflation that occurs when the demand for goods and services exceeds the available supply, leading to higher prices.

Official Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment, measured by government agencies to assess the economy's health.

Discouraged Workers

Individuals who are not actively looking for work because they believe no jobs are available for them or there are none for which they would qualify.

Marginally Attached

A term used to describe individuals who are not currently in the labor force but have looked for work in the recent past and are willing to work.