Why Can't Small and Medium-Size Business Owners,seem to Take the Time

question 34

Multiple Choice

Why can't small and medium-size business owners,seem to take the time to plan strategically?

• A) act as the marketing, human resource, operations, and financial managers, all rolled into one
• B) focused on fighting fires or fixing problems
• C) focused on short-term planning efforts, generally geared towards current year initiatives
• D) lack access to the expertise and/or resources needed to undertake a strategy review
• E) all of the above

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Definitions:

National Defense

Public goods provided by the government to protect its citizens and territory from external threats.

School Attendance

The act of being present at school and participating in educational activities, often tracked as an indicator of student engagement and educational access.

Mosquito Control

The management and reduction of mosquito populations to minimize their damage to human health, economies, and enjoyment.

Marginal Cost

The financial impact of producing one additional unit of a product or service.