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:

Fiscal Year

A one-year period used by governments and businesses for accounting and financial reporting purposes, which may not coincide with the calendar year.

Economic Decision Makers

Individuals or entities that make choices regarding the allocation of resources, investment, and production within an economy.

Economics

The social science concerned with the production, distribution, and consumption of goods and services.

Price Received

The amount of money a seller gets after the sale of a product or service, accounting for discounts, taxes, and additional charges.