Once alternative goals and plans have been identified, the next step in the formal planning process is
A. implementation.
B. goal and plan selection.
C. situational analysis.
D. goal and plan evaluation.
E. monitor and control.
Answer: D
You might also like to view...
The Office of U.S. Trustee is responsible for all but which of the following functions?
a. Administering bankruptcy cases b. Officiating in court on matters of interest to the debtor's estate and creditors c. Overseeing and monitoring trustees d. Reviewing employees and fee applications e. The Office of U.S. Trustee is responsible for all of the above functions
Which of the following statements regarding scarce resources is true?
a. Selling a single product can create market saturation or company stagnation. b. Determining the best use for a scarce resource requires management to identify company objectives. c. Raw material and machine hours are both examples of scarce resources. d. All of the above statements are true.
To qualify for Subchapter S treatment under the Internal Revenue Code, a domestic corporation must have ________
A) membership in an affiliated group of corporations B) more than 35 shareholders C) only one class of stock outstanding D) at least one nonresident alien shareholder
Petra's Programming competes on cost with WonderWeb in the web design industry. Both firms operate on a 90 percent learning curve, and neither firm is capable of increasing its cumulative output any further. How might Petra's Programming achieve a cost leadership position while maintaining customer satisfaction?
A. by eliminating costly service features like 24/7 customer support B. by increasing the amount of time the company spends on each website by 25 percent without raising prices C. by reducing its client base and lowering output D. by incorporating new programming techniques to take advantage of experience curve effects