“Ending hunger in the community” and “feeding the poor” illustrate the relationship between

a. strategy and tactics.
b. profits and revenue.
c. vision and mission.
d. aspirations and strategy.


Ans: C

Business

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In a short essay, discuss the characteristics of an analytical model and list and discuss the three most common forms of this model

What will be an ideal response?

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Elaborate on a situation where a leader could not use the rational decision-making process in practice, and why.

What will be an ideal response?

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The basic format of an income statement is

A) Assets - Liabilities = Profits. B) Income - Expenses = EBIT. C) Sales - Liabilities = Profits. D) Sales - Expenses = Profits.

Business

Performance measurement is important because

a. it allows firms to rate competitors. b. without it, managers would not know how the global economy is doing. c. companies presently operating in the European Economic Community need to understand how its competitors are doing. d. lower-level metrics in an organization must connect directly to the high-level performance to achieve goals.

Business