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You decide to go to out for dinner with your friend and he randomly chooses a restaurant nearby to try. The food was great and your friend comments on how good he is at choosing restaurants because he 'knows what to look for'. In other words, he is trying to take credit for something (the decision to eat at that particular restaurant) that has nothing to do with his abilities or effort (because he chose to eat there randomly) . What does your friend's behaviour demonstrate?
Aggregate Planning
A marketing activity that involves developing, maintaining and analyzing broad, long-term operational schedules that facilitate decision-making processes.
Enterprise
describes a large, complex business or organization that engages in commercial, industrial, or professional activities.
Minimizes Profit
A situation or strategy that unintentionally reduces the potential earnings or efficiency of a business operation.
Aggregate Planning
A process by which a company determines optimal levels of capacity, production, subcontracting, inventory, stockouts, and even pricing over a specified time horizon.
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