Which of the Following Is a True Statement About Business

question 140

Multiple Choice

Which of the following is a true statement about business planning?

• A)Business planning involves taking action before developing objectives.
• B)Business planning is an ongoing process.
• C)Business planning is concerned with the long term but not the short term.
• D)Business planning is concerned with the short term but not the long term.
• E)Business planning takes place after development of the marketing plan.

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Definitions:

Market Value

The ongoing cost for buying or selling an asset or service within a market platform.

Call Option

A contractual financial agreement that provides the purchaser the option, without being compulsory, to acquire an asset at a predetermined price during a particular timeframe.

Conversion Premium

The extra amount a investor pays over the convertible security's current value to convert it into shares of stock.

Conversion Price

The conversion price is the predetermined price at which a convertible bond or preferred stock can be converted into common shares of the issuing company.