Why is the planning function identified as the capstone activity of management?
a. It integrates organizing and controlling functions
b. It guides the organization to its goals
c. It determines an organization’s objectives and establishes appropriate strategies for achieving them
d. It helps set separate goals
c. It determines an organization’s objectives and establishes appropriate strategies for achieving them
The planning function is the capstone activity of management. Planning activities determine an organization’s objectives and establish the appropriate strategies for achieving those objectives.
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The phase of accounting system installation in which the information needs of people in the organization are taken into account is
A) analysis B) design C) implementation D) installation
Information from merchandise tags or product labels is recorded directly into in-store computer terminals for immediate data processing in a _____ system
a. point-of-sale b. visual inspection c. manual perpetual inventory d. stock-counting
A certificate of deposit represents:
A. a promissory note of payment by a bank that borrows reserves from another bank. B. a deposit in a checking account in a bank. C. a promissory note of payment by the issuing institution to the investor. D. a time deposit of a state government with the federal government. E. a time deposit at a bank or other financial intermediary.
________ divides a market on the basis of lifestyles.
A. Socioeconomic segmentation B. Demographic segmentation C. Psychographic segmentation D. Benefit segmentation E. Geographic segmentation