The first step in a planning approach is to create specific sub-goals that help us achieve a major broad goal

Indicate whether the statement is true or false.


TRUE

Business

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Public relations specialists use several tools. Identify three of these tools and describe how they can help a company communicate with the public

What will be an ideal response?

Business

Companies that subscribe to the ________ evaluate suppliers largely in terms of realized price, quality and availability

a. supply management orientation b. procurement orientation c. value orientation d. buying orientation

Business

Which of the following statements is CORRECT?

A. If a firm has high current and quick ratios, then it must be managing its liquidity position well. B. If a firm sold some inventory for cash and left the funds in its bank account, then its current ratio would probably not change much, but its quick ratio would decline. C. If a firm sold some inventory on credit, then its current ratio would probably not change much, but its quick ratio would decline. D. If a firm sold some inventory on credit as opposed to cash, then there is no reason to think that either its current or quick ratio would change. E. The inventory turnover ratio and days sales outstanding (DSO) are two ratios that are used to assess how effectively a firm is managing its current assets.

Business

Mel knows that the hair-styling business is highly competitive and new trends are constantly emerging, so she regularly provides training for her stylists, so they not only keep up with the latest hairstyles and techniques but are also able to provide new services to their customers. This, according to Teece, demonstrates the business's

A. organizational synergy. B. dynamic capabilities. C. external focus. D. user credibility. E. organic structure.

Business