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RoseWind [281]
3 years ago
11

If the structural unemployment rate is 3%, the frictional unemployment rate is 2%, and the cyclical unemployment rate is 4%, the

n the natural rate of unemployment is 9%.
True

False
Business
1 answer:
Damm [24]3 years ago
5 0

Answer:

False

Explanation:

In this scenario, the natural rate of unemployment would be 5% = 3% of frictional unemployment plus 2% of cyclical unemployment. The other type of unemployment that is part of the natural rate is not referenced in the question (surplus unemployment).

Cyclical unemployment is not added up because it is not part of natural unemployment.

In fact, what natural unemployment basically is, is unemployment that does not depend on business cycle, that is not cyclical. In that sense, cyclical unemployment is totally the opposite to natural unemployment, and you only reach a rate of natural unemployment, when cyclical unemployment is eliminated in a healthy economy.

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Which of the following is NOT a risk of exporting? Select one: a. Delegation of marketing activities to a local agent b. Locatio
Sholpan [36]

Answer:

E. High manufacturing cost

Explanation:

Export involves the sales of goods and services to another country. It is part of the international trade whereby goods produced in a country are sold to other countries. Just like all business activities, there are risk involved. Risk of exporting is the likelihood that there will be a loss in the sales of goods and services to another country. Various risk factors includes tariff barriers, cost of transportation and so on.

However, high manufacturing cost is not a risk of exporting. High manufacturing cost is the increase in the cost of producing and manufacturing a certain good. When this increases or rather when it's high, the prices of the products manufactured also increases. So there is no potential loss posed by high manufacturing cost.

7 0
2 years ago
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Which of the following represents a competitive intelligence practice that is both legal and ethical? a. A city council member s
taurus [48]

Answer:

The correct answer is letter "C": An executive attends a trade show solely to obtain a competitor's brochures, listen to sales pitches, and ask questions about the competitor's products.

Explanation:

Competitive intelligence refers to the steps companies take to obtain information about their surrounding environment and competitors. If the attempt is to conduct competitive intelligence ethically and legal, top executives in charge should obtain as much information as possible from a <em>legitimate source</em> with the limitations that could imply <em>without compromising the company</em> in business not inherent to its operations.

5 0
3 years ago
Which of the following is NOT an accurate statement?
Mandarinka [93]

Answer:

The correct answer is c. Workers in high-tech fields do not need good communication skills.

Explanation:

Communication skills refer to the ability to send, receive, elaborate and issue information, ideas, opinions and attitudes of the highest quality and oriented towards personal and organizational objectives. To properly carry out their activities, administrators must have at least the basic skills of oral, written and non-verbal communication related to: communication with clients, communication with their subordinates, communication with their superiors, with the media , sensitivity to cultural differences, among others.

  • Nonverbal communication skills refer to the use of facial expressions, movements and body language for the transmission of meaning.
  • Verbal communication skills refer to both oral messages that are used most frequently and take place in personal meetings and telephone conversations, as well as written messages, which are transmitted in different modalities (memorandums, fax, letters, newsletters, etc. .).

Communication is immersed in all the activities of the administrators, intimately relating to their performance.

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3 years ago
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Ede4ka [16]

As you are forming a team, it is important to bear in mind that Each member should have only 1 specialization. Jane serves to monitor & control the team processes.

In order to become more effective, specialization in business entails concentrating on a single product or a small range of products. Specialization can boost productivity and give a company or economy a competitive advantage.

When individuals and organizations focus on creating what they are proficient at, or even better, the best at, specialization occurs. For instance, KFC specializes in fried chicken and chicken hamburgers, whereas Starbucks specializes in serving uniform coffee.

If you specialize, you concentrate on a particular facet of a bigger subject. If you're a nurse, you might focus on giving care to infants and children as your area of specialization in pediatric care.

Learn more about specialization here

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