The Principal Mechanisms Through Which the Corporate Headquarters Seeks to Improve

question 1

Multiple Choice

The principal mechanisms through which the corporate headquarters seeks to improve the strategic and operational management of its businesses are:

• A)Management development activities
• B)Providing corporate services
• C)Creating strong financial incentives for business unit managers
• D)Direct involvement in business-level management,strategic planning,and performance management and financial control

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Definitions:

Holt-Winters Additive Model

A forecasting technique that extends exponential smoothing to capture seasonality and trend in time series data.

Seasonality

Periodic fluctuations in data or phenomena that occur regularly based on a season, quarter, month, etc.

Mean Absolute Deviation

The average of the absolute differences between each data point and the mean of the data set.

Root Mean Square Error

A measure of the differences between values predicted by a model and the values actually observed, expressed as the square root of the mean of these differences squared.