Procedures
A. assure that all scenarios will be the same.
B. enable and facilitate employee behaviors to vary as circumstances change within and across nations.
C. are broad guidelines used to assist lower-level managers to handle recurring problems.
D. prescribe how certain activities will be carried out.
E. are prepared in advance of, and to provide input for, strategic plans.
Answer: D
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A firm that provides substantial profits to its owner is called a(n):
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