In an Open Economy

question 28

Multiple Choice

In an open economy,

• A)net capital outflow = imports.
• B)net capital outflow = net exports.
• C)net capital outflow = exports.
• D)None of the above is correct.

---

Definitions:

Strategic Planning

The process of defining a company's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.

Marketing Implementation

The act of implementing marketing strategies and plans into actions to fulfill strategic marketing goals.

Control Mechanisms

The procedures, policies, and rules used to monitor activities and ensure that organizational goals are consistently met.

Employee Behaviors

Actions and conduct of employees within an organization, which can influence its culture, performance, and reputation.