Jorge finds he has lost out to his major competitor on three recent contracts. Through his customers, he learns his competitor has cut prices and lowered financing costs. Jorge is observing a change in his _____________ environment.

A. Economic
B. Technological
C. Social and cultural
D. Natural
E. Legal and political

Ans: A. Economic

Business

Which of the following are issued by the ILO to solve those problems that have no consensus or when the subject matter is too complex?

A. supplementations B. justifications C. recommendations D. conventions

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Business

A strong culture always provides a competitive advantage

Indicate whether the statement is true or false

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Business