Ought-To-Be Diagrams Are ________

question 81

Multiple Choice

Ought-to-be diagrams are ________.

• A) diagrams of the current process
• B) diagrams of current processes that need no improvement
• C) diagrams of future processes as predicted by the organizational team
• D) diagrams of suggested improvements to a process

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Definitions:

Households

Units in an economy consisting of one or more people who live in the same dwelling and share meals or living accommodation, and may consist of a single family or some other grouping of people.

Aggregate Demand

Cumulative need for every type of good and service in an economy, observed at a consistent overall price point across a chosen period.

Money Supply

The total economic monetary resources present at a specific time.

Money Demand

The desired holding of financial assets in the form of money (cash and demand deposits) that can be easily exchanged for goods and services.