Short term steps used to achieve strategic goals are known as ________.
Fill in the blank(s) with the appropriate word(s).
Answer: tactics
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Which one of the following is not a management assertion relevant to long-lived assets?
a. Existence. b. Completeness. c. Valuation. d. Reporting.
Which of the following facts would require a lessor to classify a lease as an operating lease?
A. Important uncertainties exist about unreimbursable costs yet to be incurred by the lessor. B. No bargain purchase option is provided for by the lease agreement. C. The lease term is 65% of the estimated economic life of the leased property. D. The sum of the minimum lease payments is 90% of the fair value of the leased property to the lessor.
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where gift-giving is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. The firm's products are also available in a number of retail establishments around the world. The leading salesperson for Clearwater Hampers is Peter Austin who has been with the company since it began operation in 1979. The firm's owners were originally trout farmers who needed a source of income during the winter months and who diversified into selling fine liquors, cheeses, chocolates, and other luxury food items. The company uses a variety of promotions to make prospects
aware of the company's products.As Austin sells Clearwater Hampers, he can use his Tablet to do all of the following EXCEPT: A. create sales presentations. B. initiate trial closes. C. check a shipment status. D. generate expense reports. E. track customer buying patterns.
Assessment centers may predict the success of an employee being considered for a particular job position.
Answer the following statement true (T) or false (F)