Regardless of organizational size, the strategic planning process forces executives, general managers, or business owners to assess the current position of the firm, where it should be, and how to get from here to there

Indicate whether the statement is true or false


TRUE

Business

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A distributor with good contacts may appear to be the obvious choice in terms of generating quick sales and revenues but may not be the best one

Which of the guidelines for companies selecting independent distributors is this statement referring to? A) Select distributors; don't let them select you. B) Look for distributors capable of developing markets. C) Give local distributors control over marketing strategy. D) Treat local distributors as long-term partners. E) From the start maintain control.

Business

______ are ways of presenting numerical information with visual representations.

a. Text b. Graphs c. Models d. Photographs

Business

Because there are only a few firms in markets with oligopolistic competition,

A. the many competitors will focus on product differentiation. B. price wars may occur. C. producers do not have to consider the reactions of rival firms. D. government often encourages consolidation to reduce the number of competitors. E. everyone is a price taker.

Business

Like domestic law, international law can be easily enforced, because international courts have compulsory jurisdiction

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

Business