If Economic Activity Slows Down,total Costs Could Easily Decline in Which

question 49

Multiple Choice

If economic activity slows down,total costs could easily decline in which of the following categories?

• A)variable costs and committed fixed costs
• B)variable costs and discretionary fixed costs
• C)variable costs only
• D)committed fixed costs only

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Definitions:

Transnational Strategy

A business strategy that involves operating in various countries around the world, recognizing both global efficiency and local responsiveness.

Locally Responsive

An approach or strategy where a company adjusts its products, services, and practices to better align with local buyer preferences and market conditions.

Knowledge Transfer

The process through which skills, knowledge, technologies, or methodologies are passed from one individual or organization to another.

Transnational Strategy

A global business approach that involves operating in multiple countries with a coordinated strategy, balancing global efficiency and local responsiveness.