South Aussie Sound Systems Has Three Planning Specialists Who Help

question 129

Multiple Choice

South Aussie Sound Systems has three planning specialists who help division managers develop their own plans.Serving as consultants to the divisions,the planning specialists give advice about strengths,weaknesses,opportunities and threats.South Aussie Sound Systems is using what approach to the planning function?

• A) Centralised planning department
• B) Decentralised planning staff
• C) Planning task force
• D) Centralised planning committee
• E) Regimented top-down approach

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Definitions:

Vesting Period

The period of time before employees earn non-forfeitable rights over employer contributions made to the employee's pension plan or stock option plan.

Up To Three Years

A phrase indicating a time frame or duration that does not exceed three years.

American Call Option

A type of options contract that gives the holder the right, but not the obligation, to buy a specified quantity of a security at a specified price within a certain time period.

Variance

A statistical measure that represents the dispersion of a set of data points or the degree of spread in a distribution.