The planning process is complete when appropriate business and corporate strategies are selected that allow an organization to attain its mission and goals.

Answer the following statement true (T) or false (F)


False

After identifying appropriate business and corporate strategies, managers confront the challenge of strategy implementation. Strategy implementation is a five-step process including allocating responsibility, drafting detailed action plans, establishing time tables, allocating resources, and holding people accountable.

Business

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When the speaker focuses on similarities and ignores signi?cant differences, this logical fallacy can occur

. A) faulty comparison B) slippery slope C) hasty generalization D) either/or thinking

Business

Social networking sites are best suited for ________

A) demonstrating thought leadership B) demonstrating product operation C) improving conversion rates D) building network of business contacts

Business

As indicated by Maslow's need hierarchy, people may respond favorably to

a. appeals that focus on promises of best price and the need to find a bargain. b. appeals that fulfill physiological, security, and safety needs. c. appeals that fulfill social, ego, and self-actualizing needs. d. both b and c.

Business

Two of the most common and effective strategies for raising prices are unbundling and ________ clauses.

Fill in the blank(s) with the appropriate word(s).

Business