Informal Planning Is ________

question 31

Multiple Choice

Informal planning is ________.

• A)performed at the lowest organisation level
• B)generally lacks continuity
• C)developed in informal meetings and difficult to implement
• D)specific and is developed by middle managers for their departments
• E)short term and likely to change before it is implemented

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Definitions:

Supply of Land

The total quantity of available land or real estate, which is inherently fixed but can vary in usability and value due to location, zoning, and development.

Marginal Land

Land that produces little yield or economic value due to poor quality, location, or other factors, making it the least productive for agricultural use.

Rents

Payments made periodically by a tenant to a landlord in exchange for the use of land, a building, or other property.

Supply of Loanable Funds

The total amount of funds that lenders are willing to loan at a given interest rate in an economy.