Strategic plans are usually ________.

A. short term, directional, and standing
B. short term, specific, and standing
C. long term, directional, and single use
D. long term, specific, and standing


Answer: C

Business

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Answer the following statements true (T) or false (F)

1. The practice of evaluating financial ratios to determine an organization's financial health is called viability analysis.  2. The task of external auditors is to verify that the organization, in preparing its financial statements, followed generally accepted accounting principles.  3. An internal audit is a verification of an organization's financial accounts and statements by the organization's own professional staff.  4. A principle of Deming management is that quality should be aimed at the needs of the worker. 

Business

Nonlinear integer programming models offer additional challenges for solution algorithms because:

a. The values of reduced gradients are valid only at the point of the optimal solution. b. The values of Lagrange multipliers are valid only at the point of the optimal solution. c. The generalized reduced gradient algorithm cannot differentiate local and global optima. d. All of the above

Business

Increased retail sales in December and peak demand for snow shovels during winter are examples of ______

a. cyclical variations b. seasonal variations c. irregular variations d. random variations

Business

______ are colluders who are “true believers.”

A. Machiavellians B. Acolytes C. Moral reasoners D. Anarchists

Business