Strategic intent refers to a situation where a company

A. relentlessly pursues an ambitious strategic objective.
B. changes its long-term direction and decides to pursue a newly adopted strategic vision.
C. decides to adopt a particular strategy.
D. commits to pursuing balanced-scorecard objectives.
E. commits to using a particular business model to make money.


Answer: A

Business

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Suppose a firm has evaluated four capital budgeting projects and, using one of the time value of money capital budgeting techniques, has determined that all of the projects are acceptable. If the projects are mutually exclusive, which of the following capital budgeting techniques should be used to make the purchasing decision to ensure the firm's value is maximized?

A. traditional payback period (PB) B. internal rate of return (IRR) C. modified internal rate of return (MIRR) D. net present value (NPV) E. discounted payback period (DPB)

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Whether a leader sends an e-mail to all persons within an organization or if face-to-face communication is preferred, these are examples of which element of organizational culture?

a. Language, metaphor, and jargon b. Communication c. Artifacts d. Stories, myths, and legends

Business

For the law of one price to hold, all of the following are necessary EXCEPT:

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Business