The Use of Participatory Planning Can Produce All the Following

question 8

Multiple Choice

The use of participatory planning can produce all the following benefits except

• A) increase creativity in planning.
• B) increase commitment of people for planning.
• C) increase acceptance of chosen alternatives.
• D) increase conflict over scarce resources.
• E) increase information available for planning.

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Definitions:

Variable Expenses

Costs that change in proportion to business activity or output levels, such as materials costs and utility expenses directly linked to production.

Fixed Expenses

Fixed expenses are consistent costs that do not vary with the volume of business activity, such as rent or salaries.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenues, indicating the company's profit.

Selling Price

The amount of money charged to the customer for a product or service.