Answer:
The correct answer is D
Explanation:
Competition is the term which is described as the rivalry among companies selling the similar products and the services in order to achieve or accomplish the market share growth, revenue and profit.
The competition among the business is a contest or the rivalry among the firms or organization to win the revenue. It is the fundamental force, that benefits or advantage the customers as the firms are under the pressure in order to improve the products and also provide or offer the attractive prices.
Answer:
Self Employed
Explanation:
Self employed is the person who not working under someone and is independent to work or is owner of the business. In this case, Glenn is owner of his shop and is working for his own business not for someone else so he is self-employed. Another examples of self employed are freelancers, shopkeepers (who own the business), owner of utensil stores, etc.
In simple words the owner of the business is self employed.
The fact that the engineers and capital equipment managers have been laid off because of the economic downturn will increase<u> cyclical unemployment. </u>
<h3>What is cyclical unemployment?</h3>
This is a type of unemployment that happens when there is a loss of productivity in the economy.
The loss of jobs by these engineers and managers will therefore lead to more cyclical unemployment.
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