A situation analysis ______.
a. is focused only on an organization’s internal strengths and weaknesses
b. focuses on those features in a company’s environment that most directly affect its options and opportunities
c. describes how strategic planning is different from operational planning
d. is a plan for pursuing a mission and achieving objectives
b. focuses on those features in a company’s environment that most directly affect its options and opportunities
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An umbrella manufacturing company's fixed costs are $275,000. The variable cost per unit is $5 and each umbrella is sold at $10. How many units should the firm sell in order to break even?
A) 1,819 B) 5,500 C) 18,000 D) 27,500 E) 55,000
Apple relied on its inventive product designers to create a ________, a futuristic looking computer in a multitude of colors
A) promotion B) value chain C) service D) differential benefit E) market segment
Organizations that tend to believe that their values and culture are superior to those of others will therefore frequently choose to staff international facilities with ______ nationals.
A. parent-country B. host-country C. third-country D. fourth-country
The proper sequence for the steps in the accounting cycle is a follows
A) analyze and record transactions, post transaction to the ledger, prepare a trial balance, prepare financial statements, journalize closing entries, analyze adjustment data and prepare adjusting entries B) prepare a trial balance, analyze adjustment data, prepare adjusting entries, prepare financial statements, journalize closing entries and post to the ledger, analyze and record transactions, post transactions to the ledger, C) analyze and record transactions, post transactions to the ledger, prepare a trial balance, analyze adjustment data, prepare adjusting entries, prepare financial statements, journalize closing entries and post to the ledger D) prepare financial statements, journalize closing entries and post to the ledger, analyze and record transactions, post transactions to the ledger, prepare a trial balance, analyze adjustment data, prepare adjusting entries,