Long-Range Planning That Establishes an Overall Course of Action for a Company

question 97

Multiple Choice

Long-range planning that establishes an overall course of action for a company is generally called _____.

• A)contingency
• B)tactical
• C)strategic
• D)crisis

Grasp new definitions of careers in modern workplaces and the elements contributing to career success.

Understand the concept of total return on investment and calculate it.

Comprehend the meaning and calculation of market-to-book ratio and dividend payout ratio.

Identify and describe different types of stock markets and electronic trading platforms.

---

Definitions:

Genetically Influenced

Traits or characteristics that are shaped in part by an individual's genetic makeup, affecting physical, behavioral, and psychological features.

Personality Attributes

Characteristics or qualities that contribute to an individual's distinctive patterns of thinking, feeling, and behaving.

Cultural Differences

Variations in the customs, values, beliefs, and practices among people from different societies or cultures.

Collectivism

A cultural orientation that emphasizes the group over individual goals and values, fostering strong social cohesion and interdependence.