What Plans Are Preferable When Uncertainty Is High in the Business

question 90

Multiple Choice

What plans are preferable when uncertainty is high in the business environment?

• A) standing plans
• B) directional plans
• C) specific plans
• D) informal plans

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Definitions:

Social Policy

A governmental policy aimed at addressing social issues and ensuring the welfare and well-being of citizens through various means, such as healthcare, education, and income support.

Presidential

Pertaining to the president of a country or an organization, often relating to the duties, powers, or period of office of such a position.

Congressional

Relating to a formal legislative body, often referred to in the context of the United States Congress, which is responsible for making national laws.

Political Action Committee

An organization that collects political donations from its members and uses them to fund campaigns for or against candidates, legislation, or initiatives.