In a Chain of Discount Department Stores,personnel Needs Are Estimated

Multiple Choice

In a chain of discount department stores,personnel needs are estimated in three different ways: a) for a high-demand season,b) for a moderate-demand season,and c) for a low-demand season.By taking these three activity levels into account,managers are developing an) ________.

A) fixed budget
B) flexible budget
C) zero-based budget
D) monetary policy
E) operating plan