The underlying principle of a strategic approach to the study of retailing is that a retail firm needs to plan and revise its plans continually in order to adapt to a changing environment
Indicate whether the statement is true or false
True
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The fundamental mandate of public relations is ________, and its focus is ________
A) strategy; media relations B) communications; building relationships C) relationships; publicity D) character; performance
Recurring short-term liabilities such as wages and taxes that change spontaneously with operations are known as:?
A. ?trade credits. B. ?accruals. C. ?promissory notes. D. ?lines of credit. E. ?commercial paper.
What is a correct statement concerning burden of proof?
A) The insured has the burden of proving that the loss was a covered loss. B)The insurer has the burden of proving that the loss was not covered. C)Exceptions to coverage are liberally interpreted in favor of the insurer. D)Exceptions to coverage are disregarded in life insurance matters.
As managers plan for the future, it is important to handle unexpected circumstances. By developing backup plans with alternative courses of action defined in case conditions change, managers are conducting ________ planning.
A. long-term B. scenario C. single-use D. short-term E. rolling