Community Newspaper (Scenario)Robert Downs is in the process of setting up a small community newspaper in his home town of Corning, New York. As a first step, he sets the following goal for his company: "To be a champion for free speech and for the development of the community." This goal is to appear clearly on top of every page of the newspaper. Downs wants to formulate a plan that lays out general guidelines for his employees and leaves room for interpretation. Which of the following types of plans would best suit his requirement?
A. informal
B. specific
C. directional
D. standing
Answer: C
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Indicate whether the statement is true or false
Briefly discuss monopolistic competition
What will be an ideal response?