The first step in planning is setting an objective or goal

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The product life cycle is based on the time a product exists from conception to abandonment

Indicate whether the statement is true or false

Business

Gradually over time, the options of Communication media ______.

a. have grown in number in complexity b. have become easier to use c. have become overwhelming d. none of these

Business

All but one of the following statements indicates a difference between the Financial Accounting Standards Board (FASB) and prior approaches. Select the one that is not a difference

a. The FASB is independent of the AICPA. b. The size of the board is much smaller. c. The FASB has broader representation. d. The FASB is the primary board for the development of generally accepted accounting principles. e. Members of the FASB serve on a full-time basis.

Business

______ can be demotivating, since employees know they will get paid regardless of how they perform, which also encourages poor performers to stay in an organization much longer.

A. Skill-based pay B. Job content-based pay C. Performance-based pay D. Seniority-based pay

Business