Information is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
<h3>What is the importance of information?</h3>
It should be noted that information simply means the data that has been processed.
In this case, inormation is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
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Answer:
a. The actual unemployment rate was higher during the recession of 1990-1991, but cyclical unemployment was higher in 2001.
Explanation:
Unemployment is defined as the number of people in a population that are willing to work and seeking for jobs but do not have employment.
Natural unemployment is defined as the normal process of leaving jobs and getting jobs in a situation when there is full employment.
Cyclical unemployment is created by recessions and booms.
Actual unemployment = Natural rate + Cyclical rate
Cyclical unemployment= Actual rate - Natural rate
In the first economy
Cyclical rate = 7 - 5.9= 1.1%
In the second economy
Cyclical rate= 6 - 4.8= 1.2%
So actual unemployment was 7% in 1990-1991 while in 2001 it was 6%
Cyclical unemployment was 1.1% in 1990-1991, while cyclical unemployment was 1.2%
The operations process for what
Answer:
Context, culture and content
Explanation:
Gift giving in business is common and also contentious. Business gifts are often for advertising, sales promotion, and marketing communication medium.
These kind of gifts are for the following reasons:
1. In appreciation.
2. In the hopes of creating a positive first impression.
3. Returning a favor or expecting a favor in return for something.
When it comes to considering appropriate business gifts it is helpful for one to think about the content of the gift, the context of the gift, and the culture in which it will be received.
Giving a gift to a potential client for the purpose of influencing their behavior is a form of Bribery.
