Which of the Following Are Examples of Defensive Industries

question 32

Multiple Choice

Which of the following are examples of defensive industries?

• A)Food producers.
• B)Durable goods producers.
• C)Pharmaceutical firms.
• D)Public utilities.
• E)A,C and D

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Definitions:

Budgetary Slack

The practice of underestimating revenues or overestimating expenses when preparing a budget to create a cushion for unexpected situations.

Sales Activity

Sales activity encompasses tasks and processes undertaken to sell products or services to customers, including prospecting, presentations, negotiations, and closures.

Budgetary Participation

Involvement of employees in the budget-making process, which can enhance understanding and commitment to financial goals.

Participative Development

A development approach that involves stakeholders or team members in the decision-making process to ensure collaborative and effective outcomes.