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When the length of the financing is directly related to the life of the asset being financed,the firm is said to follow a:
Goal Development
The process of identifying, setting, and planning how to achieve objectives.
Strategic Management
The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.
Strategy Formulation
The process of developing a plan to achieve organizational goals that involve defining the company’s mission, setting objectives, assessing both internal and external environments, and determining strategic choices.
Strategy Implementation
The process of putting strategies into action.
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