________ plans outline the firm's long-range (often two to five years) organizational goals and set a course of action the firm will pursue to reach its goals
A) Tactical
B) Operational
C) Strategic
D) Short-term
E) Contingency
Answer: C
Explanation: Strategic plans outline the firm's long-range (often two to five years) organizational goals and set a course of action the firm will pursue to reach its goals. The strategic planning process consists of six interrelated steps.
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In the context of decision making, a _____ is a gap between a desired state and an existing state.
A) problem B) benchmark C) condition of certainty D) minimum threshold
Jessica, a minor, rented an apartment in Greenwich Village for $500 a month. She signed a one-year lease. After living there for three months, Jessica decided to move to another apartment complex. She is liable for the reasonable value of three months' rent at Greenwich Village, but not for the remaining nine months' rent. This is in accordance with the ________ provision of capacity to contract by minors.
A. emancipation B. disaffirmation C. necessaries D. adjudication
According to the text, bibliographies are organized alphabetically by topic
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The most commonly used training technique in the hospitality industry is the one-on-one, learning-by-doing strategy. 2. Organizations should try to define the objectives of a training program and should try to measure the outcomes of training. 3. The average company spends an average of $8,000 on training per employee. 4. As a training method, a lecture presentation has these advantages: It is cheap, time efficient, and to the point.