The highest priority among strategic choice elements is:
A) Objective.
B) Strategy.
C) Mission.
D) Goal.
C
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Which of the following statements is true about the new concept of value creation?
A) It defines value based on stockholder welfares. B) It creates a profit-centric value. C) It defines value as only customer-perceived benefits. D) It creates real economic and social value.
Service employees should have which set of the following?
a. Positive attitude, technical skills, and analytical skills. b. Positive attitude, leadership skills, and analytical skills. c. Technical skills, leadership skills, and interpersonal skills. d. Positive attitude, interpersonal skills, and technical skills. e. Technical skills, leadership skills, and analytical skills.
The budgeted income statement________
A) reports cash paid for purchases of direct materials B) includes amounts from the sales, cost of goods sold, cash, and capital expenditures budgets C) is accrual-based D) does not include depreciation expense
Speculative risk involves only a chance of loss
Indicate whether the statement is true or false