Question

Ally's Applesauce is in the process of hiring sixty new workers. The personnel department has a large pool of unskilled labor to draw from due to the high unemployment rate in the local area. Which dimension of the external environment is involved here?

a. Sociocultural
b. Competitors
c. Technological
d. Labor market
e. Legal-political

Answer 1

The external environment dimension in question is the labor market, affected by the macroeconomic perception of companies and indicated by the availability of a large pool of unskilled labor due to high unemployment rates. Option d. is correct.

Step-by-step explanation:

The dimension of the external environment involved when Ally's Applesauce is hiring sixty new workers from a large pool of unskilled labor due to high unemployment rates is the labor market. This scenario is influenced by economic forces and cyclical unemployment which affect the demand for labor. Companies' perceptions of the macroeconomy influence whether they decide to expand or contract their workforce. In this case, the availability of a large unskilled labor pool suggests that the labor market aspect of the external environment is at play.