Which of the Following Is True About a Core Business

question 25

Multiple Choice

Which of the following is true about a core business process?

• A)It requires an organization's workers to possess unique knowledge and skills.
• B)It has a direct impact on the organization's infrastructure.
• C)It is easy for competitors to imitate the process.
• D)It decelerates a product's time to market.

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Definitions:

Marginally Attached

Refers to workers who are currently not in the labor force but have looked for work in the past and are willing to take a job if one becomes available.

Labor Force

All the non-institutionalized, civilian working-age population that is employed or actively seeking employment.

Unemployment Rate

The component of the labor force that is unoccupied by work but is in pursuit of employment opportunities.

U-4 Unemployment Rate

A measurement of the labor force that includes the total unemployed, plus discouraged workers who have stopped looking for employment.