OBJECTIVE FORESTRY

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FORESTRY

FOREST PRODUCTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Since 2000, Ms. Cruz engaged in manufacturing forest related products to cater both local and international demand. She decides on the market price of products based on the actual cost of manufacturing and delivery. However, she is aware on the possibility of increase or decrease of her profit. This scenario describes ____
A
Economic surplus
B
Consumer surplus
C
Producer Surplus
D
None of these
Explanation: 

Detailed explanation-1: -All three steps in strategic planning occur within three hierarchical levels: upper management, middle management, and operational levels. Thus, it is imperative to foster communication and interaction among employees and managers at all levels, so as to help the firm to operate as a more functional and effective team.

Detailed explanation-2: -It was established in 1983 by the U.N. General Assembly (1983), and was charged with reexamining environment and development, as well as formulating proposals to address their integration. In the years after World War II, the model of development that was pursued focused primarily on the goal of economic growth.

Detailed explanation-3: -The report sought to recapture the spirit of the Stockholm Conference which had introduced environmental concerns to the formal political development sphere. Our Common Future placed environmental issues firmly on the political agenda; it aimed to discuss the environment and development as one single issue.

There is 1 question to complete.
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