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Table 3-6
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.
-Refer to Table 3-6. Which of the following combinations of toothbrushes and hairbrushes could Portugal produce in 30 minutes?
Alternative Courses
Different paths or strategies that can be chosen in decision-making processes to achieve a specific goal.
Actions
Deeds or steps taken in order to achieve a specific purpose.
Scenario Planning
A strategic planning method used to make flexible long-term plans based on different possible future scenarios.
Contingency Planning
The development of strategies and actions to prepare for and respond to unexpected events or emergencies that could negatively impact operations.
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