What Activity Is Defined as Having Alternative Plans That Can

question 85

Multiple Choice

What activity is defined as having alternative plans that can be put into effect if certain key events do not occur as expected?

• A) Corporate agility
• B) Scenario planning
• C) Strategy evaluation
• D) Contingency planning
• E) Forecasting

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period of time.

CDs

Certificates of Deposit, savings certificates with a fixed maturity date and specified fixed interest rate, offering a low-risk investment option.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a given price in a specified time period.

Demand

Demand in economics is defined as consumers' willingness and ability to purchase goods or services at a given price over a specific period of time.