When a business plan is written after a company is up and running, it tends to
A) summarize the company's business model.
B) convince outsiders to invest in the company.
C) present a vision of what the company will be.
D) function as a monitor-and-control mechanism.
E) concisely describe products and services.
Answer: D
Explanation: D) Since the company is up and running, the business plan does not guide its origins and initial operation. Instead, the business plan can monitor how well the company is meeting its goals and control how well it sticks to its intentions.
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Answer the following statements true (T) or false (F)
1. Chronological transitions help the listener understand the time relationship between the first main point and the one that follows 2. Causal transitions help show the cause-and-effect relationships between the ideas. 3. You should use your extemporaneous outline the first time you practice your speech. 4. A practice speech is necessary; it acts as an oral rough draft of your presentation.
Harrison Industries produces 4,00 . lunch boxes each day. The average number of units in work in process is 12,000 . having an average cost of $60,000 . The annual carrying costs related to inventory are 10%. Consultants have determined that the work in process could be reduced by as much as a third by rearranging the factory floor. What would the throughput time be if Harrison implements the
recommended changes? a. Twelve hours b. One day c. Two days d. Three days
A culture can be divided into subcultures according to
A. personality characteristics of individuals in that culture. B. motives that members of that cultural group have for their behavior. C. geographic regions or human characteristics, such as age or ethnic background. D. income levels. E. information to which consumers allow themselves to be exposed.
BTA, Inc. declared a two-for-one stock split. Assuming you presently own 100 shares means that you
A) will receive another 100 shares. B) will receive 200 more shares. C) will receive two more shares. D) can convert your 100 shares of common stock into 200 shares of preferred stock.