A Long-Term Strategy for Attaining a Goal by Linking the Present

question 29

Multiple Choice

A long-term strategy for attaining a goal by linking the present with a better future for the organization is defined as a(n) ________.

• A) transaction
• B) attribution
• C) contingent plan
• D) vision
• E) substitution

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Definitions:

Blank Endorsement

A signature without any restrictions or instructions, allowing any holder of the document to execute a transaction.

Endorsed

The act of signing the back of a negotiable instrument, such as a check, thus transferring rights or title to another party.

Payee

The party in whose favor a check, draft, or note is made, entitled to receive the payment from the payer.

Drawer

The person or entity that writes a check or draft instructing the drawee to pay someone else.