What Plans Are Preferable When Uncertainty Is High in the Business

question 105

Multiple Choice

What plans are preferable when uncertainty is high in the business environment?

• A) standing plans
• B) directional plans
• C) operational plans
• D) long-term plans

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Definitions:

Vocational Degree

A qualification awarded for the completion of education or training directly related to a specific trade or profession.

High School Degree

A certificate or diploma awarded upon successfully completing the required course of studies in a secondary school or high school.

College Degree

A degree conferred by higher education institutions to students who have shown proficiency in a particular area of study or professional field after finishing a prescribed program.

Deindustrialization

A social and economic change resulting from the reduction of industrial activity, especially manufacturing.