Several Methods Are Used to Make Long-Term Strategic Decisions, Including

question 28

Multiple Choice

Several methods are used to make long-term strategic decisions, including:
I. Net present value
II. Internal rate of return
III. Cost-volume-profit

• A) II and III only
• B) I and II only
• C) I and III only
• D) III only

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Definitions:

Micro-Business

A small business typically characterized by having fewer than 10 employees, often operating with a low capital investment and in a localized market.

HR Related Tasks

Activities and responsibilities associated with the human resources department, including recruitment, compensation, performance evaluations, and employee relations.

Future Orientation

The extent to which individuals or organizations focus on and prepare for future events and possibilities, often associated with long-term success and planning.

Two-Language Nation

Refers to countries with two official languages recognised by the government and used in official documents, demonstrating a commitment to linguistic diversity.