In Strategy Highlight 2

question 35

Multiple Choice

In Strategy Highlight 2.1, what type of strategy did Diana, the Starbucks store manager in southern California, use to develop the new iced beverage for her store?

• A) She used a rational planning approach to strategy planning.
• B) She created a dominant strategy plan.
• C) She used scenario planning.
• D) She used an emergent strategy.

---

Definitions:

Merchandise Inventory

Merchandise inventory is the total cost of all goods held by a company for the purpose of resale during a given period.

Schedule of Accounts Payable

A detailed listing of all the amounts a company owes to its suppliers or vendors, but has not yet paid.

Subsidiary Ledger

A detailed ledger that contains information for individual accounts, supporting the summary data in the general ledger.

Controlling Account

A general ledger account that summarizes the total balances of multiple subsidiary accounts.