The Process of ____ Provides an Overview of a Business

question 13

Multiple Choice

The process of ____ provides an overview of a business and all the factors that may affect it in the next three to five years.

• A) Strategic planning
• B) Short-term planning
• C) Intermediate planning
• D) Strategic alternatives

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Definitions:

Ownership Rights

The legal rights to use, control, and dispose of property or assets.

Post Hoc Ergo Propter Hoc

A logical fallacy that occurs when it is assumed that because one event followed another, the first event caused the second.

Equitable Theory

A branch of law that is concerned with fairness and justice, often applied when traditional legal remedies are inadequate.

Donee Beneficiary

A third party who benefits from a contract, although not one of the principals to the contract.