Cimarron Saddlery expects to improve profitability of the organization by 15% over the next three years. This is an example of a(n)   

A. supervision objective.
B. operational goal.
C. tactical goal.
D. maintenance objective.
E. strategic goal.


E. strategic goal.

Strategic goals are set by and for top management and focus on objectives for the organization as a whole.

Business

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A(n) ________ is a contract by which the owner of a software or a digital application grants limited rights to the owner of a computer or digital device to use the software or digital application for a limited period and under specified conditions

A) e-license B) ISPS C) domain D) digital signature

Business

_____ consists of short-term (and usually unsecured) promissory notes issued by large corporations.

A. Line of credit B. Factoring C. Commercial paper D. Trade credit

Business

After direct marketing, the next slightly longer marketing channel adds a(n)

A. retailer. B. producer. C. wholesaler. D. agent. E. consumer.

Business

The incontestability clause typically indicates that the insurance company will not challenge the validity of statements made in the insurance contract

A) after a specified period of time, if the incorrect statements were either honest mistakes or unintentional omissions. B) after a specified period of time, regardless of why the misstatements or omissions were made. C) after the contract is accepted by the company, if the incorrect statements were either honest mistakes or unintentional omissions. D) after the contract is accepted by the company, regardless of why the misstatements or omissions were made.

Business