_____ Plans Are Implemented Only If Certain Events Occur

question 4

Multiple Choice

_____ plans are implemented only if certain events occur.

• A) Single-use
• B) Repeat-use
• C) Tactical
• D) Strategic
• E) Contingency

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Definitions:

Minimum Wages

The minimum wage allowed by law for workers.

Unskilled Labor

Workforce with no specific skills or qualifications, typically performing simple tasks that require minimal training.

Negative Income Tax

A system of social welfare provision that makes direct payments to individuals whose income falls below a certain level, effectively subsidizing their income.

Taxes Owed

The amount of tax liability a taxpayer is responsible for paying to the tax authorities.