An M-form of organization is exploiting functional business areas

The Business Cycle has three main parts, which of these is not one of them?

a. Expansion b. Recession c. Inflation d. Recovery

Historical note: Until 1975, the United States' balance of trade was characterized by

a. moderate deficits b. huge deficits c. moderate surpluses d. high volatility, that is, dramatic ups and downs (positives and negatives) e. zero balance or equilibrium