Which of the following describes the Planning function within the management cycle?
A. Taking actions to implement the plan
B. Setting short and long-term objectives
C. Arranging the necessary resources to carry out the plan
D. Comparing actual to budgeted results and taking corrective action
Answer: B
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Tuning out information that does not support one's core belief system is an example of what?
A) Misinterpretation B) Passive listening C) Selective perception D) Defensive listening E) Selective listening
Why might a citizen not want to file suit under the False Claims Act against a company that has committed major fraud against the federal government and is now in bankruptcy?
a. When in bankruptcy, company executives are free from prosecution for financial issues. b. The company’s failure in the marketplace is already under a law suit. c. There is little point in filing suit if the company is unlikely to be able to pay back any of the money. d. The False Claims Act specifically protects companies in bankruptcy from prosecution.
Neighborhood marketing primarily attempts to segment customers based on?
a. Geography b. Proximity to the seller c. Proximity to the manufacturer d. Household size
When evaluating the six-step decision making process, what occurs during the solution test step?
A. The process will begin again if the decisions made were incorrect. B. Details of every solution possible including ideas that seem farfetched. C. Definition of the problem as clearly and precisely as possible. D. None of these.