According to the Text,which of the Following Is a Pitfall

question 36

Multiple Choice

According to the text,which of the following is a pitfall of planning?

• A)the acceptance of sacrificing solutions  
• B)a mistaken sense of certainty based on faulty assumptions  
• C)the inability of line personnel to accept the long-term benefits of planning  
• D)a need for expensive employee training before plans can be effectively implemented

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Definitions:

Investment

The allocation of resources, usually financial, into assets or projects expected to yield future returns.

Economists

Experts who study the production, distribution, and consumption of goods and services.

Interest Rate

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal.

Interest Rates

The cost of borrowing money or the return on invested capital, expressed as a percentage of the principal amount.