The difference between a business plan and a scenario plan is:

a. A scenario plan is a one-to-three year planning document, but the business plan is a 10-to-20 year planning document.
b. Really, there is no difference
c. A scenario plan is like a capital budgeting plan. In short, it is for one scenario. But a business plan is for three to five years.
d. A scenario plan is a long-term planning document (normally 10 to 20 years), and a business plan is a three-to-five year plan.
e. None of the above.

.D

Economics

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Which of the following best illustrates perfect competition?

a. Wheat farming. b. Orange growers setting quotas under the Sunkist cooperative. c. General Motors advertising campaign for its cars. d. All of these.

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