Laissez-faire is an economic philosophy of unregulated economy free enterprise that goes against government intercession
Laissez-faire, (French: "permit to do") policy of minimum administrative interference in the economic affairs of individuals and society. The origin of the term is uncertain, yet legends recommends that it is derived from the response Jean-Baptiste Colbert, specialist general of finance under King Louis XIV of France, received when he asked industrialists how the public authority might help business: "Let us be." The doctrine of laissez-faire is normally associated with the economists known as Physiocrats, who flourished in France from around 1756 to 1778. The policy of laissez-faire received solid help in classical economics as it created in Extraordinary Britain affected by the philosopher and economist Adam Smith.
Quantitative exchange restrictions were first imposed for a huge scope during and immediately after World War I. During the 1920s amounts were progressively abolished and supplanted by tariffs. The following extraordinary flood of share protection came during the Economic crisis of the early 20s in the mid 1930s, with France leading the European countries in introducing a comprehensive portion framework in 1931. After World War II, the western European countries started a continuous dismantling of quantitative import restrictions, however the United States would in general utilize them.
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A craze for apples in riverdale increases the quantity demanded at every price by five bushels. between any two prices, the new demand curve will be ____ the old demand curve.
The new demand curve will be less inelastic the old demand curve.
What will happen to the new demand curve?
Price elasticity of demand measures how the quantity demanded of a good changes when there is a change in the price of a good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Demand is inelastic when the coefficient of elasticity is less than 1. It means that consumers are less sensitive to prices. Demand is elastic when the coefficient of elasticity is greater than 1. It means that consumers are more sensitive to prices.
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Mention five legal ways to spend money
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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If a revenue in total for a month was $9,550, fixed expenses were $9,000 and variable expenses were $300 what would be the total profit/loss for the month?
Answer:
the answer would be 250
because 9,000-9,550 = 550 -300= 230
Instructions
This is a simple but deceiving assignment. There are two tabs in the attached workbook: "Class List" and "My Solution". Your task is to copy the full name (in color) and number of letter cells from the Class List tab and paste the cells to the My Solution tab. The answer #REF! is incorrect. Retyping the names is painful. Some names are in color that must be preserved.
You'll see that Full Name and Number of Letters are formulas. Formulas don't always copy the way you might guess. Colors tend to change too, There are times when you don't want to copy the formula but just the result.
Hint: the solution is not the Copy function, but the Paste function. This is an excel program
Use the Paste function in Excel to copy the full names (in color) and number of letter cells from the "Class List" tab to the "My Solution" tab while preserving the formatting.
Explain the process of using the Paste function in Excel to copy cells from one tab to another while preserving formatting and formulas.In this assignment, you are given an Excel workbook with two tabs: "Class List" and "My Solution.
" Your task is to transfer the full names (highlighted in color) and the corresponding number of letter cells from the "Class List" tab to the "My Solution" tab.
However, you need to be careful when copying the data as formulas and colors may not copy correctly.
Retyping the names is time-consuming, so you need to find a solution to preserve the colors and copy the desired values. Hint:
The solution lies in using the Paste function rather than the Copy function in Excel.
This will allow you to copy and paste the desired values and preserve the color formatting without copying the formulas.
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Suppose in 2021 you earned $15.00 per hour. In 2022 you earned
$16.00 per hour. Use these nominal wages and the GDP deflator to
compute your real wage for each year. In terms of purchasing power
of wa
In 2022, the nominal wage was $16.00 per hour and the GDP deflator was 110, so the real wage was $14.55 per hour. The real wage actually decreased due to an increase in the GDP deflator.
In order to compute the real wage of an individual, it is necessary to use the formula Real Wage = Nominal Wage / GDP Deflator. GDP deflator is the measure of price levels in an economy. Here is how to calculate the real wage of an individual who earned $15.00 and $16.00 in 2021 and 2022 respectively: Real wage for 2021 = 15/100 x 100 = 15 dollars per hour. Real wage for 2022 = 16/110 x 100 = 14.55 dollars per hour.
In 2021, the nominal wage was $15.00 per hour and the GDP deflator was 100, so the real wage was also $15.00 per hour. In 2022, the nominal wage was $16.00 per hour and the GDP deflator was 110, so the real wage was $14.55 per hour. The real wage is a measure of an individual's purchasing power. The above calculations show that in 2022, even though the nominal wage increased, the real wage actually decreased due to an increase in the GDP deflator.
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what is a main reason business needs government regulations? select one: a. to assist in executing worthwhile causes b. to protect the interest of society and consumers c. to help companies be successful d. to provide financial assistance when needed
b) Businesses need government regulations to protect society and consumers by ensuring ethical operations, fair competition, consumer safety, and environmental sustainability.
The main reason businesses need government regulations is to protect the interest of society and consumers. Regulations ensure that businesses operate ethically, responsibly, and in compliance with standards that safeguard public health, safety, and fair competition. Government regulations help prevent fraudulent practices, misleading advertising, and the exploitation of consumers. They set guidelines for product quality, environmental sustainability, and workplace safety, ensuring that businesses prioritize the well-being of individuals and communities. Regulations also promote fair competition by preventing monopolies, price-fixing, and anti-competitive practices that could harm consumers or stifle innovation. By establishing a level playing field, regulations foster trust and confidence in the marketplace. Moreover, regulations play a vital role in sectors such as finance, healthcare, and food safety, where public oversight is crucial to maintain stability, protect vulnerable populations, and prevent systemic risks. Overall, government regulations balance the interests of businesses with the broader welfare of society and consumers.
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steps on how to create your own app
Explanation:
● Steps on how to create your own app
First you have to know coding and programing...
please help me!!! I literally have no clue what it is
Answer:
Critical Thinking,Mathematics, and Operation and Control.
Explanation:
Kim-Su found an apartment that she wants to rent. The rent is $715 per month and there is a security deposit of $465. To move in, Kim-Su must have first month's rent, last month's rent and the security deposit. How much does Kim-Su need to move in? a. $1180 b. $1,645 c. $1,895 d. $2,360.
Given the information provided above, including the monthly rent and security deposit, Kim-Su is needed to pay the first month's rent, the last month's rent, and the security deposit.
Option c is the amount required money to move for Kim-Su.
Given:Rent per Month = $715
Security Deposit = $465
The computation:\(715 + 715 + $465 = $1,895.\)
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Answer:
C
Explanation:
Project managers should try to _____ the size of teams or subteams to avoid making communications too complex.
Project managers should try to limit and decrease the size of teams or subteams to avoid making communications too complex.
How do project managers manage communication in the workplace?Successful project managers communicate through a variety of channels using both formal and informal means. This increases the likelihood that messages will be received. To lessen the likelihood of a communication breakdown, use straightforward language, stay on topic, keep messages brief, and provide all the information in one location.
6 effective methods for project team communication:
1. Gather frequently. Hold regular team meetings to discuss strategies.
2. Be welcoming.
3. Be frank, precise, and succinct.
4. Display some decency.
5. Realize that you might not always be right.
6. Utilize online teamwork tools.
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how do I start my own beauty business
Answer:
You can distribute samples to local makeup artists, launch a promotional blog, send press releases to publications that cover beauty products, or open social networking accounts to introduce your company to new people. invest in beauty and cosmetics brands invest in cosmetics business.
Explanation:
3. Find the price elasticity of demand for the demand function y=30−4p, at price.
Over what range of prices is the elasticity less than 1 , and
over what range of prices is it greater than 1 ?
We know that the price elasticity of demand can also be expressed as:E_p = (p/y) * (dy/dp)Let's calculate the price elasticity of demand:E_p = (p/y) * (dy/dp)E_p = (p/y) * (-4)E_p = (-4p/y)At price p, we can calculate the price elasticity of demand by substituting the values of p and y into the above equation. E_p = (-4p/y)E_p = (-4p/(30 - 4p))
To find the range of prices where the elasticity is less than 1, we know that the demand is inelastic. For inelastic demand, the absolute value of elasticity is less than 1.
Mathematically, E_p < 1|(-4p/(30 - 4p))| < 1-4p/(30 - 4p) < 1We have to solve this inequality for p.-4p + 30 - 4p < 30 - 4p + 4p-8p + 30 < 30-8p < 0p > 0
We know that price cannot be negative, so the range of prices where the elasticity is less than 1 is [0, 30/8).
To find the range of prices where the elasticity is greater than 1, we know that the demand is elastic. For elastic demand, the absolute value of elasticity is greater than 1.
Mathematically, E_p > 1|(-4p/(30 - 4p))| > 1-4p/(30 - 4p) > 1We have to solve this inequality for p.-4p + 30 - 4p > 30 - 4p - 4p-8p + 30 > -8pp < 0We know that price cannot be negative, so the range of prices where the elasticity is greater than 1 is (0, 30/8).
Therefore, the range of prices where the elasticity is less than 1 is [0, 3.75), and the range of prices where the elasticity is greater than 1 is (0, 3.75).
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who is the supervisory body for the federal reserve system?
Answer:
The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Explanation:
Gugenheim offers 12-year coupon bonds with semiannual payments. The yield to maturity is 6. 23 percent, and the bonds sell at 101 percent of par. What is the coupon rate
The coupon rate will be 6.35%.
What is Coupon Rate?The bond issuers' interest rate on the bond's face value is known as the coupon rate. It is the rate of interest that bond issuers pay to buyers on a regular basis. The bond's face value (or par value) is used to calculate the coupon rate, not the issue price or market value.
The bond issuers' interest rate on the bond's face value is known as the coupon rate. It is the rate of interest that bond issuers pay to buyers on a regular basis. The bond's face value (or par value) is used to calculate the coupon rate, not the issue price or market value.
Divide the bond's face value, also known as its "par value," by the total amount of annual payments to arrive at the coupon rate.
The following information has been given:
rate = 0.0623/2
PV= -1010
FV=1000
nper =12*2=24
PMT(0.0623/2,24,-1010,1000)
=63.50
Coupon rate = 63.50/1000=6.35%
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Suggest five (5) ways in which the primary stakeholders can influence the organization’s financial performance
Influences may vary depending on the industry, organizational structure, and specific context. Organizations should proactively engage with their primary stakeholders, understand their expectations, and manage these relationships to optimize financial performance.
Primary stakeholders play a crucial role in influencing an organization's financial performance. Here are five ways in which they can have an impact:
Investment and Capital Allocation: Primary stakeholders, such as shareholders and investors, can influence an organization's financial performance through their investment decisions and capital allocation preferences. By providing financial resources, they can enable the organization to fund growth initiatives, research and development, acquisitions, and other strategic projects that can drive financial performance.
Consumer Demand and Purchasing Power: Customers or consumers hold significant influence over an organization's financial performance. Their demand for products or services, purchasing decisions, and loyalty directly impact revenue generation and profitability. Positive word-of-mouth, brand advocacy, and repeat purchases can drive growth and enhance financial performance.
Employee Productivity and Engagement: Employees are critical stakeholders who can influence financial performance through their productivity, efficiency, and engagement levels. Highly motivated and skilled employees contribute to improved operational performance, reduced costs, innovation, and customer satisfaction. Moreover, high employee retention rates can minimize recruitment and training expenses, positively impacting the organization's financials.
Regulatory and Government Influence: Regulatory bodies and governments can influence an organization's financial performance through policies, regulations, and legislation. Changes in tax rates, trade agreements, industry-specific regulations, or environmental standards can directly impact costs, profitability, and competitiveness. Primary stakeholders can engage with policymakers, industry associations, and government bodies to shape regulations and policies that favor the organization's financial interests.
Supplier Relationships and Negotiations: Suppliers and business partners have a direct influence on an organization's financial performance. Effective supplier relationships can lead to favorable pricing, improved quality, and timely delivery of goods or services. Strong negotiation skills and strategic partnerships can help secure cost advantages, volume discounts, and favorable payment terms, thereby positively impacting the organization's financials.
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based on your readings this week, what would be your top three criteria for evaluating the performance of supply chain partners?
The three top criteria for evaluating the performance of supply chain partners are capacity of production , risk and impact on environment .
The three most important criteria for evaluating the performance of our supply chain partners are:
1.Production capacity-All supplier assessments must consider in detail the supplier's capabilities and limitations. By any measure, a supplier that cannot scale production with your production cycle will not perform well.
2. Risk:Every business inevitably faces some risks, but suppliers should strive to mitigate such risks throughout their supply chain. Examining performance metrics such as overall delay, average response time, and remediation actions can help create a realistic quantitative assessment of supplier risk.
3. Environmental impact :For economic and ethical reasons, sustainability is a critical component of business success. Suppliers' waste management plans, waste prevention techniques, material sourcing procedures, energy efficiency efforts, and protocols used when handling hazardous products should all be evaluated.
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Which of the following is one of the characteristics of a well-chosen target market? a. ​Good accessibility b. ​Limited size c. ​Intense competition d. ​Nonprofit motive
Good accessibility is an important characteristic of a well-chosen target market as it enhances the marketer's ability to effectively reach and engage the intended audience with their offerings.
Which characteristic is considered important when choosing a target market: good accessibility, limited size, intense competition, or nonprofit motive?One of the characteristics of a well-chosen target market is:
Good accessibility refers to the ease with which the target market can be reached and engaged by the marketer. It means that the target market is accessible through various channels of communication and distribution. The target market should be reachable through advertising, promotions, sales channels, and other marketing activities.
When the target market is easily accessible, it becomes more feasible for the marketer to effectively communicate and deliver products or services to the intended audience. This accessibility allows for better targeting, engagement, and relationship-building with the target market, increasing the chances of success in reaching marketing objectives.
In contrast, if the target market is not easily accessible, it can pose challenges for the marketer in terms of effectively reaching and engaging the intended audience.
Limited accessibility may hinder communication efforts and make it difficult to deliver products or services to the target market, resulting in reduced marketing effectiveness.
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four reasons why Corona virus could be harmful to economic growth??
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability
keith is the supervisor of the mpi and chart deficiency review staff in the him department, which also includes being the liaison for the billing department and the r-adt staff. he frequently meets with michael, the r-adt supervisor, to discuss methods to combat healthcare fraud and the process of verifying that the patients are truly who they say they are and that these patients have the appropriate documentation for verification. this process is called .
Keith is the supervisor of the mpi and chart deficiency review staff in the him department, which also includes being the liaison for the billing department and the r-adt staff. he frequently meets with Michael, the r-adt supervisor, to discuss methods to combat healthcare fraud and the process of verifying that the patients are truly who they say they are and that these patients have the appropriate documentation for verification. this process is called: Identity management.
What is an identity management?Identity management (IdM), often referred to as identity and access management (IAM), makes ensuring that only those who are allowed may access the technological resources they require to carry out their job duties. It encompasses policies and technological tools that cover an organization-wide procedure for accurately identifying, authenticating, and authorising individuals, teams of individuals, or software programmes through criteria such user access privileges and limitations based on their identities. An identity management system guards against illegal access to systems and resources, aids in stopping the ex filtration of enterprise or protected data, and issues alerts and alarms when unauthorized individuals or programs try to gain access from both inside and beyond the company boundary.
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The required supervisor of the mpi and chart deficiency review staff in the him department Identity management.
What is an identity management?
Identity management (IdM), often referred to as identity and access management (IAM), makes ensuring that only those who are allowed may access the technological resources they require to carry out their job duties. It encompasses policies and technological tools that cover an organization-wide procedure for accurately identifying, authenticating, and authorizing individuals, teams of individuals, or software programmers through criteria such user access privileges and limitations based on their identities. An identity management system guards against illegal access to systems and resources, aids in stopping the ex filtration of enterprise or protected data, and issues alerts and alarms when unauthorized individuals or programs try to gain access from both inside and beyond the company boundary.
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Why would a corporation use branding to attract potential employees?
A. Corporations use branding in all public messaging.
B. Branding is a tool for reaching retiring candidates.
C. Branding is the only available tool for reaching college students.
D. Branding can help attract highly qualified employees who fit the
corporation's culture.
Ans: D
Explaination: It communicates that your organization is a good employer and a great place to work, which boosts recruitment efforts and the engagement and retention of your current employees. In addition, branding can help to attract employee who have a highly qualified. For example , apple company.
which statement best characterizes international market segmentation? multiple choice it makes it easy to compare characteristics across nations. it is easier to conduct than domestic market segmentation. it is a challenging process to complete. it typically does not provide any useful data. it is a relatively inexpensive process.
International Market segmentation is a challenging process to complete.
There are six main international segmentation techniques that this bankruptcy discusses: geographic/region; financial factors; political/criminal factors; cultural elements; move-market segmentation; and micro-marketing.
Agencies can normally use 3 standards to discover exclusive market segments: Homogeneity, or not unusual needs inside a section. distinction, or being particular from different groups. reaction, or a comparable response to the marketplace.
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two principles of fraud insurance
hi buddy
here is your answer
Insurance fraud involves any misuse of insurance policies or applications in order to illegally gain or benefit. Insurance fraud is usually an attempt to exploit an insurance contract for financial gain. The majority of insurance fraud cases involve exaggerated or false claims.hope it helps
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Jessi has received a loan to start her new bakery. She wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What should Jessi make FIRST to make to make sure to manage her money so that she prioritizes what she needs for her bakery?
buying plan
sales forecast
profit margin
investment
Since Jessi has received a loan to start her new bakery, and he wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What she should make FIRST to make sure to manage her money so that she prioritizes what she needs for her bakery is a "buying plan" (Option A)
What is the definition of a "Buying Plan"?A buying plan, sometimes known as a buying club, is a sort of plan that obligates a buyer to purchase products on a fixed timetable, to acquire items that a seller may deliver without warning, or to pay membership fees in exchange for the right to purchase at a supposedly discounted price.
Goods planning and procurement is a systematic strategy used by retailers to predict merchandise inventory requirements and negotiate the best terms with suppliers.
Typically, retailers employ a centralized buyer or team of buyers that supervise the chain's purchasing process. They may have additional local or regional merchandise managers that supervise merchandise implementation in stores.
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when finishing a project, which factors that influence customer satisfaction the most should you be aware of? group of answer choices attractive price of the project and low running costs of the product friendly project manager and effective after-project service efficiency of the project and skills of the project manager conformance to requirements of the project and fitness for use of the deliverables
When finishing a project, the factors that influence customer satisfaction that most should you be aware of is conformance to requirements of the project and fitness for use of the deliverables. The Option D is correct.
What is customer satisfaction?Customer satisfaction is best defined as measurement that determines how happy the customers are, with the company's products, services, and capabilities. In marketing, the three Cs of customer satisfaction includes emphasis of consistency, consistency, consistency.
Some customer satisfaction information including surveys and ratings which can help a company determine how to best improve or changes its products and services.
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which of these are conditions for long-run equilibrium in the aggregate demand–aggregate supply model?
Answer:
-Correct answer(s)
Long-run aggregate supply equals aggregate demand
Short-run aggregate supply equals aggregate demand
-Incorrect Answer(s)
u<u*
u>u*
Explanation:
The economy will gradually progress toward its potential production, according to the aggregate demand and long-run aggregate supply model. The aggregate demand and supply curves intersect at this point to form the long-run equilibrium.
What is the long-run equilibrium in the aggregate demand–aggregate supply (AD-AS) model?AD-AS model is a graphical model used to understand economic fluctuations, which contains aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS).
The long-run aggregate supply (LRAS) curve relates the level of production produced by businesses with the price level over time.
At any price level, the economy eventually reaches its natural level of employment and potential output. This result has given us our long-run aggregate supply curve.
When there is only one level of output at whatever price level, the long-run aggregate supply curve is a vertical line at the potential level of output for the economy.
Therefore, these are the conditions of the long-run AD-AS model.
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According to the video, what are some qualities Air Traffic Controllers need? Check all that apply.
physical strength
clear speaking
teamwork
alertness
repair skills
a driver’s license
Answer:
B,C,D ON EDGE 2020-2021
Explanation:
Based on the information given, the qualities Air Traffic Controllers need are:
Clear speakingTeamworkAlertnessThe correct options are B, C, and D.
What does an air traffic controller do?They control the flow of aircraft into and out of the airport's airspace, direct pilots during takeoff and landing, and keep an eye on the movement of aircraft in the sky. To communicate with pilots, air traffic controllers employ radio technology.
Clear speaking is necessary because Air Traffic Controllers are responsible for communicating with pilots to provide them with critical information, such as weather conditions, runway changes, and other important details. Any miscommunication or misunderstanding could have severe consequences, so it's essential that Air Traffic Controllers are articulate and can communicate clearly.
Teamwork is also crucial for Air Traffic Controllers because they work closely with other Air Traffic Controllers and other professionals, such as pilots, airport personnel, and maintenance crews. They need to be able to coordinate and collaborate effectively to ensure the safe and efficient flow of air traffic.
Thus, the ideal selections are options B, C, and D.
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HD radio: a. is made possible by a small satellite transmitter in special radios. b. makes it possible for radio stations to transmit real-time text-based information services as well as programming. c. eliminates advertising. d. is only available in subscription form from certain car companies. e. broadcasts overseas stations in the US.
Answer:
b. makes it possible for radio stations to transmit real-time text-based information services as well as programming.
Explanation:
HD radio is a technical term used in describing the high definition of radio. It is characterized by its ability to transmit digital information or in-band on the channel. It is a better option compared to AM or FM radio.
Hence, considering the available options, the correct answer, in this case, is that HD radio "makes it possible for radio stations to transmit real-time text-based information services as well as programming."
if you are tasked with writing employee schedules and to-do lists for managers, what level of planning are you involved in?
if you are tasked with writing employee schedules and to-do lists for managers, you are involved in tactical planning.
Information is needed for tactical planning by its managers at the middle level of management. Managers establish monthly goals and devise strategies for achieving them. After planning, the strategy is implemented and monitored to hit the predetermined goals.
In the example, the employee is creating schedules that tactical level management needs in order to comprehend the business environment and make wise decisions.
The 4 types of plans are:
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Pls help will mark brainleist
Answer:
D Values
Explanation:
I attached a pic of my question, pls help.
Farmer raising sheep.