Plans That Define What Needs to Be Done in Specific

question 36

Multiple Choice

Plans that define what needs to be done in specific functions or work units in order to implement strategic plans and achieve strategic objectives are called:

• A) implementing plans.
• B) company plans.
• C) business plans.
• D) tactical plans.
• E) operational plans.

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Definitions:

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's property, typically for securing loans.

UCC

is the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

Collateral

Property or assets that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid according to the agreed terms.

Consumer Good

A tangible item produced for personal use or consumption by the general public.