A small firm is likely to benefit significantly from strategic planning   

A. regardless of the nature of its industry or market.
B. when it is in a very competitive industry.
C. when it is in a very new industry.
D. when it is in a very stable industry.
E. when it has a very small market.


B. when it is in a very competitive industry.

Researchers conclude that "it may be that the small improvement in performance is not worth the effort involved in strategic planning unless a firm is in a very competitive industry where small differences in performance may affect the firm's survival potential."

Business

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On June 30, Cleopatra, Inc. finished Job 70 with total job costs of $40,000 and transferred the costs to Finished Goods Inventory. On July 6, Cleopatra completed the sale of the goods to a customer for $55,000 on account.

Provide the journal entry to record the sales revenue. Omit explanation.

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Knowing how to divide a word into syllables is useful for ________

A) determining the correct spelling B) helping you pronounce a word C) knowing when to divide a word at the end of a line D) none of the above E) A and B only F) A, B, and C

Business

Under Superfund legislation, to what extent must a hazardous waste site be cleaned?

a. Reasonable conditions under the circumstances. b. A safe level for the area in which it is located. c. Pristine condition, regardless of cost. d. To the condition of the property before the hazardous waste was dumped on it.

Business

?Which of the following is not a purpose of the marketing plan?

A. ?Communicate internally with employees B. ?Assign tasks and responsibilities for implementation C. ?Specify the allocation of resources D. ?Monitor the performance of a marketing strategy E. ?Serve as a contract with the customer

Business