A production goal may be set too high by upper management because
a. they are unsure about the actual costs of production
b. they under-estimate the difficulty of meeting a goal
c. division managers over-state the difficulty of meeting the goal
d. all of the above
b
Economics
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In the figure above, if the interest rate is 8 percent, people demand $0.1 trillion
A) less money than the quantity supplied and the interest rate will rise. B) less money than the quantity supplied and the interest rate will fall. C) more money than the quantity supplied and the interest rate will fall. D) more money than the quantity supplied and the interest rate will rise.
Economics
A period of time in which the overall business activity is rising at a rapid rate is known as
A) inflation. B) hyperinflation. C) an expansion. D) a contraction.
Economics