An organization's tactical plan is its broadest set of plans developed as a guide for major policy setting and decision making.

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


False

Business

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If a seller has not made a specific representation about a product, the buyer may still be protected by an express warranty.

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

Business

Coercive and referent power are subjective and depend on the ability and willingness of parties to recognize them

Indicate whether the statement is true or false

Business

The new product development process usually starts with ________

A) idea screening B) idea generation C) concept development D) concept testing E) market strategy development

Business

Ophelia opened a boutique that specializes in creating custom trousseaux for brides. She conceived the idea in her senior year at school, and despite receiving criticism for the idea, she went ahead and opened the boutique. Which entrepreneurial characteristic is highlighted in the given scenario?

A. Self-reliance B. Vision C. Energy D. Conformity

Business