Which of the following statement is FALSE?
a. Every organization, even not-for-profits, should have a mission statement.
b. The term "strategic planning" deals with long term planning while the term " tactical planning" deals with short term planning.
c. Marketing and distribution are examples of "upstream costs".
d. A core competency in any activity in which an organization seeks a higher proficiency than its competition.
c
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What does esteemed Professor of HR, Edward E. Lawler III, argue about loyalty contracts?
a. Loyalty contracts are one of the most critical ways of retaining talent b. Loyalty contracts should be replaced with value propositions c. Loyalty contracts are a thing of the future d. Loyalty contracts are a good way to identify poor-performing staff
Observations and surveys in marketing research produce ____________________ data.
Fill in the blank(s) with the appropriate word(s).
Anglin Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Richmond Corporation, at face value, on June 30, 2016
The bonds pay interest on June 30 and December 31. Anglin intends to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2021. Prepare the journal entry for June 30, 2016 (omit the explanation). What will be an ideal response
Unearned revenues refer to a(n):
A. Expense incurred because a customer has paid in advance. B. Decrease in an asset. C. Asset that will be used over time. D. Increase in revenues as a result of delivering products or services to a customer. E. Liability that is settled in the future when a company delivers its products or services.