To Implement the Fifth Step of the Strategic Implementation Process

question 31

Multiple Choice

To implement the fifth step of the strategic implementation process, a manager would

• A)review an action plan on expanding a company into Europe.
• B)establish a deadline for purchasing a chain of retail stores.
• C)give a work team the budget needed to license a product.
• D)talk to employees about feedback received concerning a product they worked on.

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Definitions:

Equity Financing

The method of raising capital by selling company shares to investors; in return, the investors receive ownership interests in the company.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Debt Financing

Debt Financing involves raising capital through borrowing money that must be repaid over time, with interest.