Strategy analysis is the starting point of the strategic management process and consists of the
A. matching of vision, mission, and objectives with the relevant internal and external environmental factors.
B. analysis only of the vision, mission, and objectives of the firm.
C. analysis of relevant competitors only.
D. analysis of the relevant internal and external environmental factors only.
Answer: A
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Why do many firms no longer use a general journal? What has taken its place?
IFRS permits the presentation of plant assets at their fair market value because ________.
A) U. S. GAAP requires this presentation B) fair market value may be more relevant C) fair market value is easier to compute than book value D) financial statements users are indifferent as to how plant assets are presented
Making capital investment decisions based on the availability of funds falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating
Which method of quantifying a solution involves calculating savings as a percentage of the original investment?
A) SWOT analysis B) cost-benefit analysis C) value-savings calculation D) return on investment E) customer lifetime benefit