Examlex
Which of the following would unambiguously cause a decrease in the equilibrium price of cotton shirts?
Contingency Plan
A contingency plan is a proactive strategy or protocol designed to be implemented in response to potential unforeseen events or emergencies.
Strategic Plans
A systematic process for defining long-term organizational goals, actions needed to achieve those goals, and resource allocation to execute those actions.
Tactical Planning
Short-term, specific planning that links strategic goals and objectives to operational activities.
Crude Oil
A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a fuel and in the production of chemical products.
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