Implementing a Decision Must Be Planned Carefully

question 134

Multiple Choice

Implementing a decision must be planned carefully.Adequate planning most often requires which of the following steps?

• A)Determining how things will look before the decision is made.
• B)Order the steps necessary to achieve a fully operational decision.
• C)Be sure the CEO agrees with the implementation decision.
• D)Allow employees to take on responsibility once the implementation has begun.
• E)Encourage vigilance.

Comprehend the regulatory landscape of securities markets, including key legislation and the establishment of the SEC.

Identify the process and significance of public offerings in the securities market.

Recognize the ethical and professional standards set forth by the CFA Institute.

Understand the process and components of an initial public offering (IPO).

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Definitions:

Rival Consumption

A situation where the consumption of a good or service by one person reduces its availability for consumption by another person.

Excludable

A characteristic of a good or service that means it can be limited to only paying customers or those who meet certain criteria.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.

Individual Demand Curves

Graphical representations showing the relationship between the price of a good and the quantity demanded by an individual consumer, holding other factors constant.