A left-tailed area in the chi-squared distribution equals 0.95 . For 6 degrees of freedom the critical value equals 12.592
Indicate whether the statement is true or false
T
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The first three steps in planning his organization are (in the correct order)
A. strategic planning, creating a mission statement, and creating a vision statement B. operational planning, creating a mission statement, and developing a hiring plan C. strategic planning, operational planning, and preparing a vision statement D. writing a mission statement, creating a vision statement, and strategic planning E. tactical planning, operational planning, and writing a mission statement
The benefit of the single-product strategy for a company is
A. synergy. B. focus. C. isolated systems. D. differentiation. E. lower costs.
Crafting a deliberate strategy involves developing strategy elements that
A. consist of a blend of proactive new planned initiatives plus ongoing strategy elements continued from prior periods. B. comprise a five-year strategic plan that is then fine-tuned during the remainder of the plan period; big changes in strategy are thus made only once every five years. C. deliberately eliminate the ongoing strategic elements and implement new planned initiatives. D. imitate as much of the market leader's strategy as possible so as not to end up at a competitive disadvantage. E. consist of adaptive change plans to new market situations along with abandoned redundant ongoing elements.
To increase the popularity of its new range of smartphones, GizmoPro Inc. offered several free accessories to customers who bought their smartphones. However, the offer turned out to be unsustainable and the company had to offer discounts on the accessories instead. GizmoPro's decision is aimed at _____.
A. market share pricing B. profit maximization C. demand orientation D. sales maximization