Question

Which of the following is NOT true concerning the economy? 4 Multiple Choice

a) it indirectly affects business by affecting demand for producto/services
b) managers prefer rapid growth in the economy
c) a declining economy con force some companies to adopt retrenchment strategies
d) an expanding economy can create growth opportunities foresting companies as well as new companies.
e) consumer confidence in the economy con lead to agrophecy or comment there will be a remin then they canne create a recession memoriamur sending it

Answer 1

The correct answer is b) managers prefer rapid growth in the economy.

Step-by-step explanation:

The correct answer is b) managers prefer rapid growth in the economy. While it is true that a declining economy can force some companies to adopt retrenchment strategies and an expanding economy can create growth opportunities for existing and new companies, the statement that managers prefer rapid growth in the economy is not true. Managers have to carefully consider various factors when making business decisions, and rapid growth in the economy can sometimes lead to challenges such as increased competition and inflation.