What is the strategic planning process of Branch-Smith Printing Division?
The strategic planning process (SPP) is a key tool that Branch-Smith Printing Division uses to visualize the ideal future and create strategies and plans to achieve it, and to incorporate improvement opportunities into prioritized action plans. Strategic planning occurs formally each year with updates and tracking conducted monthly during management reviews. Ongoing updates throughout the year allow the company to correct direction or to proactively respond to risks and opportunities.
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Which one of the following steps in the accounting cycle is optional rather than required?
a. Business transactions are recorded b. Adjustments are recorded c. The accounts are closed d. Work sheets are prepared
Intensive distribution is becoming a mainstay for specialists looking for an edge in markets increasingly
driven by price. Indicate whether the statement is true or false
To maintain the balance sheet equality, it is necessary to report every event and transaction in a dual manner. If a transaction results in an increase in the left hand side of the balance sheet, dual transactions recording requires that which of the following must occur, to maintain the balance sheet equation?
a. decrease another asset b. increase a liability c. increase shareholders equity d. all of the above will maintain the balance sheet equation e. none of the above
Critical business skills for the venture team include which of the following dimensions?
a. Sales and marketing b. R&D c. Running a business or operation d. All of the above