According to the Text,changes in the Way Corporate Planning Is

question 110

Multiple Choice

According to the text,changes in the way corporate planning is done include

• A) greater use of structured formats to planning.
• B) the use of advanced computing techniques to make detailed five-year forecasts.
• C) heavy emphasis on the use of specialized headquarters staff.
• D) interaction with important customers, distributors, and suppliers.
• E) a key role for governments and activists to lead the process.

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Definitions:

Government Body

An organization or a group of people that has the authority to make and enforce rules, laws, and regulations within a specific area.

Vesting

The concept of imposing equity forfeitures on cofounders over a certain period of time on a piecemeal basis should they not stay with the company.

Equity Forfeitures

Situations where shareholders or stockholders must give up their ownership stakes, often due to contractual agreements or failure to meet certain conditions.

Cofounders

Individuals who jointly start a business or enterprise, sharing the risks and rewards of the company's development and success.