Which of the Following Statements Is False About Political Strategies

question 64

Multiple Choice

Which of the following statements is false about political strategies?

• A) Only managers form political strategies.
• B) Political strategies may or may not be written.
• C) Political strategies affect performance appraisal results.
• D) Political strategies recognize that political events do not always unfold as planned.

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Definitions:

Operating Income

A metric that calculates the profits realized from a business's core operations, excluding deductions of interest and taxes.

Break-even Point

The point at which total revenue equals total costs, resulting in no profit or loss for the business.

Break-even Point

The point at which total costs and total revenue are equal, meaning no net loss or gain, and one has "broken even".

Margin of Safety

An accounting metric indicating how much sales can decline before a business reaches its breakeven point, measuring operational risk.