For Most Goods in an Economy, the Primary Signal That

question 171

Multiple Choice

For most goods in an economy, the primary signal that guides the decisions of buyers and sellers is

• A)advertising.
• B)quality.
• C)reputation.
• D)price.

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Definitions:

Proactive Managers

Leaders who anticipate future challenges and opportunities and take early action to address them effectively.

Contingency Plans

Prepared strategies to address unforeseen or unexpected events, ensuring that operations can continue or be quickly restored.

Crisis Management

The process by which an organization deals with major unpredictable events that threaten to harm the organization or its stakeholders.

Crisis Management

The process and strategies used by an organization to deal with sudden and significant negative events that have the potential to harm the organization.