Pat Has Just Set and Defined the Means to Achieve

question 76

Multiple Choice

Pat has just set and defined the means to achieve an end.This an example of ________.

• A)strategic planning
• B)the planning function
• C)establishing reward systems
• D)effective leadership

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Definitions:

Tax

is a compulsory financial charge or some other type of levy imposed on a taxpayer by a government organization in order to fund government spending and various public expenditures.

Elasticity

A measure of how much the quantity demanded or supplied of a good changes in response to a change in price or other economic variable.

Buyer

A person or entity that purchases goods or services from another in exchange for money.

Tax

A non-optional financial assessment or alternate form of contribution demanded from a taxpayer by a governmental administration for the purpose of allocating funds for government usage and various public expenditure needs.