Which of the following is not perceived as a difficulty in long-range planning?

a. favorable market conditions
b. inadequately defined objectives
c. poor planning climate
d. inexperienced managers


ANSWER: a

Business

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Indicate whether the statement is true or false

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A recent Consumer Reports study analyzed flat-screen TVs and found that the average performance rating for all TVs tested was 80 with an average price of $340

Clarence flat-screen TV has a perceived customer value of 30, and relative performance of 112. What is the relative cost of purchase for a Clarence flat-screen TV? A) 11.34 B) 340 C) 33.6 D) 82 E) 120

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Indicate whether the statement is true or false

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Industrial relations systems ensure that acceptance always translates into convergence of interests.

Answer the following statement true (T) or false (F)

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