Operational 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: B
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The government policy that does not allow large banks to fail is known as
A. capital modernization. B. the too-big-to-fail policy. C. bank truncation. D. regulatory policy.
Having a ______ mind-set is a key standard for contemporary managers.
A. global B. local C. narrow D. national
Describe how a firm can generate ideas for new products. Provide at least two examples of new product idea generation techniques.
What will be an ideal response?
It is your 6th birthday today. You have a trust fund with $50,000 that is earning 8% per year. You
expect to withdraw $30,000 per year for 7 years starting on your 22nd birthday for graduate school. How much money will be left in the trust fund after your last withdrawal (rounded to the nearest $10)? A) $4,140 B) $125,660 C) $35,780 D) You will not have enough money to pay for graduate school.