________ are the specific goals that managers want to achieve over a 5- to 10-year horizon.

A. Long-term objectives
B. Strategic plans
C. Short-term objectives
D. Tactics


Answer: A

Business

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Which of the following is the strongest differentiator for brick-and-mortar stores who want to emphasize their superiority over online retailers?

A) product quality B) the shopping experience C) product range D) pricing E) the retailer's reputation

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When Juan's company introduced its new product in the market, it introduced it at the lowest possible price assuming that the demand for the product is going to be highly responsive to the introduction price

It also believes that a higher sales volume will lead to lower unit costs and higher long-run profit. What can be said about the company's objective?

Business

Which of the following is NOT a bad listening habit?

a. Faking attention b. Thinking ahead c. Overlistening d. All are bad listening habits

Business

Negative situations will end and are not all encompassing

Indicate whether the statement is true or false

Business