A Company Poster Lists Instructions to Be Followed in Case

question 35

Multiple Choice

A company poster lists instructions to be followed in case of a fire alarm. This is an example of a(n) __________.

• A) policy
• B) directive
• C) operating plan
• D) procedure

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Definitions:

Demand Schedule

A diagram showing the volume of an item that shoppers intend and can afford to buy across a range of prices.

Income

The financial gain received by an individual or a business in exchange for providing a good or service or through investing capital.

Price

The amount of money required to purchase a good or service, determined by factors such as demand, supply, and production cost.

Law Of Demand

The claim that, other things being equal, the quantity demanded of a good falls when the price of the good rises