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Chapter 4 - Second Quizz chapter 4
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Operational plans are based on a businesses .............
Autocratic leader
Strategic planes and are developed after the strategic plan is completed.
How to achieve goals
Never achieving goals.
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A budget is a written financial plan that
Expenses
Surplus
Income
is set for a specific period of time to see how a business will spend money
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A procedure is a
guideline in making decisions.
Goal Setting
getting the objective achieved
sequence of steps to be followed for performing a specific task
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3. Strategic planning is about
Planning
long term and provides broad goals and direction for the business.
Organizing
short term and identifies specific goals and activities
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A Standard is.......................
open leader
specific measure against something that is judged.
democratic
IS a specific saying or slogan
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Is a schedule a time plan for reaching objectives?
True
False
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1. A business plan is......................?
A goal setting approach
A written description of the mission and vission
A written description of the nature of the business.
Strategic planning
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A mission is.....................
the companies reason for existing.
levels of management
short specific statement of the business purpose.
management styles
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2. Competitive advantage is when a business has special capabilities of a company that other don't have.
False
True
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4. Internal Analysis is about the................?
Threat
Opportunity
Opportunities and threats
Strengths and weaknesses
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