It Is Important That Managers Consider Previous Plans and Make

question 2

Multiple Choice

It is important that managers consider previous plans and make ongoing modifications that ensure plans at all levels fit together into one framework to achieve

• A)unity.
• B)flexibility.
• C)accuracy.
• D)continuity.
• E)implementation.

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Definitions:

Limited Partner

An investor in a partnership who has limited liability to the extent of their investment and does not take part in day-to-day management.

Participates in Management

Involvement in the decision-making processes and operations of an organization or company.

Liability

The state of being responsible for something, especially by law, including debts or legal obligations.

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, protecting them from personal responsibility for the debts of the business.