A company's strategic plan

A. focuses on offering a more appealing product than rivals.
B. lists methods of making money in its chosen business.
C. maps out the company's history.
D. outlines the competitive moves and approaches to be used in achieving the desired business results.
E. links the company's financial targets to control mechanisms.


Answer: D

Business

You might also like to view...

Via survey questionnaires, you collected data about the trainees’ self-assessment on their behavioral changes from three different times in different places: ? In the classroom immediately after they completed the program ? In the workplace 2 weeks after they completed the program ? In the workplace 2 months after they completed the program Is the above method a reasonable triangulation method?

a. Yes, it is a reasonable triangulation method. b. No, it is not a reasonable triangulation method.

Business

In a destination contract, the seller is required to replace any goods lost in transit

Indicate whether the statement is true or false

Business

The Securities Investors Protection Corporation protects investors from brokers who offer incompetent advice

Indicate whether the statement is true or false.

Business

In the context of financial budgets, the capital expenditure budget:

A. provides quarterly estimates of the number of units of each product a firm expects to sell. B. identifies a firm's planned investments in major fixed assets and long-term projects. C. identifies short-term fluctuations in cash flows that display cash deficits and surpluses. D. contains the budgets for direct labor, direct materials, and overhead costs.

Business