must be present if companies are going to be motivated to offer consumers lower prices. Select one: O a. Government regulations Ob. Profits ⒸC. Freedom of choice O d. Freedom of choice and competition e. Competition

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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must be present if companies are going to be
motivated to offer consumers lower prices.
Select one:
O a. Government regulations
Ob. Profits
ⒸC. Freedom of choice
O d. Freedom of choice and competition
e.
Competition
Transcribed Image Text:must be present if companies are going to be motivated to offer consumers lower prices. Select one: O a. Government regulations Ob. Profits ⒸC. Freedom of choice O d. Freedom of choice and competition e. Competition
Contingency planning involves
Select one:
an organization's methods for dealing with
emergencies.
O b. developing plans for a business should there be a
sudden decrease in revenue or increase in expenses.
developing plans for future growth.
identifying aspects of a business that require changes
in organization in three to five years' time.
a.
O.C.
d.
Oe. identifying aspects of a business or its environment
that might entail changes in strategy.
Clear my choice
Transcribed Image Text:Contingency planning involves Select one: an organization's methods for dealing with emergencies. O b. developing plans for a business should there be a sudden decrease in revenue or increase in expenses. developing plans for future growth. identifying aspects of a business that require changes in organization in three to five years' time. a. O.C. d. Oe. identifying aspects of a business or its environment that might entail changes in strategy. Clear my choice
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