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Use the figure below to answer the following questions.
Figure 22.3.2
-Refer to Figure 22.3.2. The equilibrium real wage rate is
Planning Tools And Techniques
Methods and resources used to organize, implement, and monitor plans, ranging from simple checklists to complex software applications designed for specific planning needs.
Managers
Individuals in an organization responsible for controlling or administering all or part of a company or similar organization, including planning, directing, and overseeing operations and people.
Strategic Plans
Forward-looking plans that outline an organization's goals and define the strategy and actions required to achieve them.
Tactical Plans
Short-term, specific plans created to implement the strategies of an organization, generally focusing on achieving specific goals within a one to three-year period.
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