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Nana76 [90]
3 years ago
7

Which of the following is the best definition of transferable skills?

Business
1 answer:
Rainbow [258]3 years ago
7 0

Answer:

Skills that you may have learned in one context that you can take with you to many other contexts and industries.

Explanation:

Considering the available options, the best definition of transferable skills is "Skills that you may have learned in one context that you can take with you to many other contexts and industries."

This is based on the fact that transferable skills are skills and talents or proficiency that are considered suitable and valuable across different situational roles, including social context, and professional context. Good examples are creativity, leadership, and time management.

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You agree to make 24 deposits of $500 at the beginning of each month into a bank account. At the end of the 24th month, you will
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Which of the following is a distinguishing characteristic of oligopoly? Question 1 options:_____
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Answer:

B. Natural barriers cannot prevent the entry of new firms.

Explanation:

Natural barriers cannot prevent the entry of new firms as firms should be free to enter and exit the industry. Every firm's actions or dealings influence the profits of all the other firms.

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3 years ago
Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an economic _____ qui
monitta

Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an "economic recession".

<h3>What is economic recession?</h3>

The National Bureau of Economic Research (NBER) describes a recession as "a large fall in economic activity distributed across the economy, lasting more than a few months."

Some characteristics of economic recession are-

  • Recessions are marked drops in economic activity that can endure for several months or even years.
  • When a country's economy faces negative gross domestic product (GDP), growing unemployment, declining retail sales, and contraction income and manufacturing metrics over an extended period of time, experts declare a recession.
  • Recessions are regarded as an inevitable component of the economic cycle, or the predictable rhythm of expansion and recession in a country's economy.
  • The organisation bases its decision on a variety of variables, such as GDP, real income, employment, industrial production, and consumer spending.

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2 years ago
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