Which of the following is true with regard to strategic planning?

A) At the corporate level, the company starts the strategic planning process by determining what portfolio of businesses and products is best for the company.
B) A strategic plan deals with a company's short-term goals.
C) The focus of strategic planning is to define a game plan for long-run survival and growth.
D) The strategic plan is a statement of an organization's purpose.
E) Strategic planning involves identifying segments of consumers with identical preferences.


C

Business

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Which of the following is/are an appropriate presentation of treasury stock?

a. As a marketable security b. As a deduction at cost from total stockholders' equity c. As a deduction at cost from total contingent liabilities d. As a deduction at par from total stockholders' equity e. None of these choices is appropriate.

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Stages of career development include organizational entry, early career, midcareer, late career, and

A. post career. B. preparation for work C. retirement. D. career re-entry.

Business

?The director of marketing for 3M tapes tells the rest of the management team, "When it comes to our transparent packaging tape unit, our strategy will be to use funds generated here to support our venture in the industrial bonding market." This strategy indicates that the packaging tape unit falls into which one of the following classifications?

A. ?Problem child B. ?Star C. ?Cash cow D. ?Dog E. ?Question mark

Business

The different types of business ownership are:

A. Partnership B. Sole proprietorship C. Corporation D. All of the choices are correct

Business