According to the book, in what situations should others NOT be engaged in action planning?

a. When employees may not agree with the plan
b. When there is little respect for the senior leadership
c. When there are too many opinions to consider
d. When there is too much competitive risk and plans should be kept secret


d. When there is too much competitive risk and plans should be kept secret

Business

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On the statement of cash flows, cash receipts from interest and dividends are classified as investing activities.

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

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The financial statement that summarizes how equity changes over the reporting period is called the balance sheet.

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

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When you write a persuasive message to your manager, you should typically use the direct organizational plan

Indicate whether the statement is true or false

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The weighted average cost of capital up to the point when retained earnings are exhausted is ________. (See Table 9.2 )

A) 6.8 percent B) 7.7 percent C) 9.44 percent D) 11.29 percent

Business