In September 2008, during the fiscal crisis in the United States,the stock market lost more than a third of its value, and 11.1 million Americans were out of work.Neither businesses nor individuals could borrow funds to meet their needs.Which of the following dimensions of the business environment does this illustrate?

A. The economic environment
B. The competitive environment
C. The technological environment
D. The social environment


Answer: A

Business

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a. True b. False Indicate whether the statement is true or false

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According to the example given in your text, Thomas Greenbaum, president of a market research company focusing on qualitative research, notes a disturbing trend in recent years in the focus group service sector

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The ________ Act (1968 ) requires full disclosure of loan terms and rates for borrowers

A) Federal Trade Commission B) Lanham Trademark C) Fair Packaging and Labeling D) Consumer Credit Protection E) Robinson-Patman

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If the unemployment rate is _________, it is _________ to recruit applicants for open positions.

A. high; harder B. high; easier C. low; harder D. low; easier E. None of the above

Business