Which of the Following Is Not a Component of an Overall

question 127

Multiple Choice

Which of the following is not a component of an overall organization plan for an organization?

• A) Organization goals.
• B) Strategic long-range profit plan.
• C) Tactical short-range profit plan.
• D) Profit plans of competitors.

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Definitions:

Recognition Clause

A provision in a contract that specifies the conditions under which a party acknowledges something as true, such as union recognition in labor contracts.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.

Economic Scale

Economies of scale, which refer to the cost advantages that enterprises obtain due to size, output, or scale of operation.

Critical Factors

Essential elements or conditions necessary for the success of a business or project.