One Difference Between a Company's Long-Range Planning Efforts and Its

question 101

Multiple Choice

One difference between a company's long-range planning efforts and its annual budget preparation is

• A)long-range planning documents usually contain more detail than annual budgets.
• B)annual budgets usually contain more detail than the long-range planning process.
• C)long-range planning documents focus on the company's internal environment more than annual budgets.
• D)annual budgets focus on the external environment more than the long-range planning process.

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Definitions:

Psychoanalytic Psychology

A theory developed by Freud focusing on unconscious processes and the significance of childhood experiences in shaping personality.

Emphasized

Given special importance or prominence to something in speaking or writing.

Cognitive Neuroscience

A field of study that explores the neural mechanisms underlying cognitive functions such as perception, memory, and language.

Brain Activity

The functioning of the brain as evidenced by electrical, chemical, or metabolic changes.