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Anaid Sanchez
on Oct 22, 2024

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Which of the following represents the economic conditions in the general environment?

A) patents
B) infrastructure
C) Internet access
D) unemployment rate
E) norms

Economic Conditions

The state of the economy at a given time, including factors such as inflation, unemployment, and growth rates.

General Environment

The broad external conditions (such as economic, legal, political, technological, and social factors) that affect organizations and their performance but are beyond their direct control.

Unemployment Rate

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.

  • Identify and explain the economic conditions impacting business operations.
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JP
James PriceOct 23, 2024
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