P&G Operates Many Different Divisions to Sell Its Various Consumer

question 20

Multiple Choice

P&G operates many different divisions to sell its various consumer brands. Jif peanut butter is one of the many products made by P&G. Imagine that P&G decided that Jif peanut butter should be the peanut butter served in 80% of the school districts in the Southeastern U.S. by the end of 2009. For P&G this would be an example of a(n) :

• A) corporate strategy
• B) operational goal
• C) tactical goal
• D) business strategy
• E) functional strategy

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Definitions:

Re-Credit

The process of restoring funds to an account, typically after a return or correction of a billing error.

Debtor

Under Article 9 of the Uniform Commercial Code, any party who owes payment or performance of a secured obligation, whether or not the party actually owns or has rights in the collateral.

Creditor

An individual or institution that lends money or extends credit to another, with the expectation of being repaid.

Stale Check

A check, other than a certified check, that is presented for payment more than six months after its date.