A Management Guideline That Advises Managers to Commit Funds for Planning

question 75

Multiple Choice

A management guideline that advises managers to commit funds for planning only if in the foreseeable future they can anticipate a return on planning expenses as a result of the long-range planning analysis is termed ________.

• A)strategic planning
• B)the commitment principle
• C)organizational planning
• D)tactical planning
• E)the principle of the objective

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Definitions:

Reciprocal

The inverse of a number or expression; for a nonzero number \(x\), its reciprocal is \(1/x\).

Simplest Form

A term used to describe an expression, fraction, or other mathematical entity that has been reduced to its most basic form, eliminating any common factors or simplifying variables.

Repeated Addition

Repeated addition is the process of adding the same number multiple times, which is a foundational principle behind multiplication.

Repeated Multiplication

The process of multiplying a number by itself a specified number of times.