Which of the Following Statements Is False

question 93

Multiple Choice

Which of the following statements is false?

• A)A recession begins just after the economy reaches a peak of activity and ends as the economy reaches its trough.
• B)Between trough and peak, the economy is in an expansion.
• C)Between two peaks, the economy is in a recession.
• D)Expansion is the normal state of the economy

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Definitions:

Institutional Managers

Managers who primarily focus on ensuring that their organizations adhere to established norms, standards, and regulations, contributing to the institution's legitimacy and stability.

Personal Power Managers

Managers who derive their influence from their unique skills, expertise, or personal attributes, rather than from their formal authority within an organization.

Need For Power

A strong desire to influence others, making a significant impact or impression.

Strategic Contingencies

Elements or situations that significantly affect the direction and methods of strategic planning, requiring adaptability and contingency planning.