__________Plans Are Plans That Specify How a Company Will Use

question 34

Multiple Choice

__________plans are plans that specify how a company will use resources, budgets, and people to accomplish specific goals within its mission.

• A) Strategic
• B) Tactical
• C) Operational
• D) Single-use
• E) Dialectical

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Definitions:

Specific Items

Goods or commodities that are distinctly identified and provided in a market or contract.

Excise Taxes

Taxes imposed on specific goods, services, or transactions, often levied on items such as gasoline, tobacco, and alcohol.

Gasoline

A flammable liquid derived from petroleum, used mainly as fuel in most internal combustion engines.

Perfectly Inelastic

A situation where the quantity demanded or supplied of a good is unaffected by changes in its price.