The owner is making this long-run decision based on his rational expectations of economic growth to meet future demands.
<h3 /><h3>What are long term decisions?</h3>
They are a strategic process that means designing an economic scenario based on perspectives, vision and organizational goals, with short-run decisions being the actions present to achieve long-run objectives.
Therefore, the owner is making long-run decisions in line with his expectations for the future of the business by looking at the current economic scenario.
Find out more about long-run decisions here:
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<span>The correct answer is A: Futurecasting. It is the research of possible factor, hypothetical situations, sales, trends that might affect your future career (or even your company's future). Networking is merely establishing a productive relationship with more contacts, Matchmaking usually refers to arranged marriages (or regarding connections in the sport, medical jargon), Clustering is a term used in data mining, separating similar objects in different groups.</span>
"Representative money<span> is an item such as a token or piece of paper that has no intrinsic value but can be exchanged on demand for a commodity that does have intrinsic value, such as gold, silver, copper, and even tobacco" Google.
</span>C) A check.
