In Which Situation Is a Country LEAST Likely to Be

question 245

Multiple Choice

In which situation is a country LEAST likely to be producing on its production possibilities curve?

• A) The average education level is of the fourth grade.
• B) The land is dry and has low productivity in farming.
• C) There are legal disputes of the ownership of 15% of the factory buildings in the country.
• D) There are large legal penalties for breaking a contract.

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Definitions:

Contingency Planning

The development of strategies and actions to prepare for and respond to unexpected events or emergencies in order to minimize risk and impact.

Controlling

The process of evaluating and correcting activities to keep the organization on course.