The process that brings businesses into greater contact with the rest of the world and gives our daily lives an increasingly international orientation is known as
a. globalization.
b. convergence.
c. global unity.
d. economic unification.
a. globalization.
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The system through which management is given financial information for use in conducting the affairs of the business and in reporting to owners and other interested parties is called the
A) accounting system B) fiduciary system C) operations system D) auditing system
Which of the following is NOT true regarding personally soliciting questions before a presentation?
a. The questions may be anticipated by the speaker. b. It can demonstrate expertise. c. It allows the audience to take control. d. It can demonstrate confidence.
The first step of the strategic planning process for a small business is:
A. reviewing and confirming the goals that define the firm. B. performing a SWOT analysis. C. mapping the prospective customers. D. studying the dynamics and trends of the industry.
Data time-horizon is:
A) Typically longer in operational systems than in analytical systems B) Typically equal in operational systems and in analytical systems C) Typically shorter in operational systems than in analytical systems D) Typically nonexistent in operational systems and in analytical systems