Managerial Jobs with Strategy-Making Responsibility

question 38

Multiple Choice

Managerial jobs with strategy-making responsibility

• A) extend throughout the managerial ranks and exist in every part of a company-business units, operating divisions, functional departments, manufacturing plants, and sales districts.
• B) are primarily located in the strategic planning departments of large corporations.
• C) are relatively rare because most strategy-making is done by the members of a company's board of directors.
• D) seldom exist within a functional department because these levels of the organization structure are well below the level where strategic decisions are typically made.
• E) are found only at the vice-president level and above in most companies.

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Definitions:

Acquisition Differential

The difference between the cost of acquiring an entity and the sum of the fair value of identifiable net assets acquired.

Impairment Losses

Financial losses recorded when the carrying amount of an asset exceeds its recoverable amount, indicating that the asset is worth less than its book value.

Amortize

The process of gradually writing off the initial cost of an asset over a period, typically the asset's useful life.

Impairment Losses

Financial losses recognized when the carrying amount of an asset exceeds its recoverable amount.