In the context of management planning, _____ refers to high-level, long-term planning that establishes a vision for the company, defines long-term objectives and priorities, determines broad action steps, and allocates resources.

A. operational planning
B. strategic planning
C. contingency planning
D. tactical planning


Answer: B

Business

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Unlike its competitors in the online air travel industry, Travelocity provides its customers with a greater variety of services such as cruise reservations, package tours, hotel bookings, and car rentals. This is an example of a(n) ________ strategy

A) overall cost leadership B) focus C) differentiation D) diversification E) promotional

Business

The journal voucher is the document that authorizes entries to be made to the general ledger

Indicate whether the statement is true or false

Business

How does the traditional model of job control unionism conflict with the need for greater flexibility?

What will be an ideal response?

Business

Longitudinal research shows that managers who met with their direct reports to discuss their upward feedback improved more than other managers.

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

Business