The ________ is referred to as future value

Which of the following is most likely to have contributed to better inventory management?

a. Stability in the market demand b. Stability in the average price level c. Perfect forecasting by the firms d. Reduced variability in the input costs e. Improvements in information technology and communication

A country that has demonstrated the ability to catch up to the technology leaders by investing in both physical and human capital is called

a. a dependent economy. b. a converging economy. c. an advancing economy. d. a predatory economy.