Scenarios

question 98

Multiple Choice

Scenarios:

• A) all of B, C, andD.
• B) have an objective of envisioning possible futures that might lie outside their traditional frame of reference.
• C) are based on stories about possible futures that are presented to line managers by the strategic planners.
• D) As stated directly in the text.
• E) two of B, C, and D.

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Definitions:

Supplies

One type of asset acquired by a firm; it has a much shorter life than equipment.

Issuance

The process of distributing or releasing something official, such as a document, stock, or currency.

Common Stock

Part of paid-in capital representing the basic ownership equity of the corporation. If the corporation has only one class of stock, it will be common stock.

Investors

Individuals or entities that allocate capital to various types of investments with the expectation of obtaining a future financial return.