Disney World Decides to Charge Local Residents a Lower Price

question 118

Multiple Choice

Disney World decides to charge local residents a lower price than other park visitors.This would fall under which field of economics?

• A) Macroeconomics
• B) Public policy
• C) Customer service
• D) Microeconomics

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Definitions:

Strategic Planning

The process by which an organization defines its strategy, or direction, and makes decisions on allocating its resources to pursue this strategy.

Tactical Planning

Short-term, detailed planning that supports strategic decisions, focusing on current operations and immediate actions.

Vision

A clear and inspirational long-term desired change resulting from an organization or individual's work.