During the Process of Operational Planning, Management Must Compare Market

question 161

Multiple Choice

During the process of operational planning, management must compare market demand with

• A) market supply.
• B) consumer demand.
• C) planned supply.
• D) available human resources.
• E) capacity.

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Definitions:

Wealth Gap

The unequal distribution of assets across a population.

Inherited Properties

Attributes, possessions, or genetic traits transmitted from parents to their offspring through genes or by legal means after death.

Federal Minimum Wage

The lowest hourly wage that employers can legally pay their workers as mandated by the U.S. federal government.

Redlining

Discriminatory practice by banks or other financial institutions of denying or limiting financial services to certain neighborhoods based on racial or ethnic composition.