Which of the following is true?
I. The strategic plan is stated in product terms.
II. The strategic business plan is stated in financial terms.
III. The strategic business plan is developed from the strategic plan.
A) I, II, and III
B) II and III only
C) I and II only
D) I and III only
E) None is correct.
B
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The point in operations at which revenues and expired costs are exactly equal is called the break-even point
Indicate whether the statement is true or false
In the following situations, two parties claim the same goods. Who is most likely to prevail in each circumstance? Explain. (a) Olan steals Phil's television set and sells it to Quincy, an innocent purchaser, for value. Phil learns Quincy has the set
and demands its return. (b) Riley takes his television set for repair to Slick, a merchant who sells new and used television sets. By accident, one of Slick's employees sells the set to Tuna, an innocent purchaser-customer, who takes possession. Riley wants his set back from Tuna.
The step in developing an advertising campaign that directly precedes campaign execution is
A. defining advertising objectives. B. creating the advertising platform. C. evaluating advertising effectiveness. D. developing a media plan. E. creating the advertising message.
Which of the following is NOT one of the commonly used names for the body of knowledge involving quantitative approaches to decision making?
a. management science b. business analytics c. operations research d. efficiency studies