Bender Day 2 Flashcards
1
Q
Define: Strategic Planning
A
It establishes the general direction of the organization
MCQ-05592
2
Q
What is true about Monopolistic Competition compared to perfect competition
A
The Monopolistic competitive industry produces a greater variety of products at higher cost per unit
MCQ-04310
3
Q
What risks cannot be reduced by diversification?
A
- High interest rates
- Recessions
- Inflation
MCQ-06990
