Top Managers, for the Most Part, Focus on This Type

question 127

Multiple Choice

Top managers, for the most part, focus on this type of planning.

• A)operational
• B)strategic
• C)tactical
• D)short term

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Definitions:

McCulloch v. Maryland

A landmark Supreme Court case in 1819 that established the federal government's implied powers under the Necessary and Proper Clause of the U.S. Constitution.

National Bank

A financial institution chartered by the federal government, with the powers to issue currency and regulate the money supply.

Establish

To set up, found, or create an organization, system, or set of rules.

Dual Federalism

A political arrangement in which power is divided between the federal and state governments in clearly defined terms, with state governments exercising those powers accorded to them without interference from the federal government.