Strategic Management Planning Must Be Global for Six Reasons

question 34

Multiple Choice

Strategic management planning must be global for six reasons.One of them is:

• A) The increased cope of the global management task
• B) Decreased globalization of firms
• C) Increase in global monopolies
• D) Slowing technology

Learn the main components of an income statement for a merchandising company.

Distinguish between the periodic and perpetual inventory systems.

Calculate and interpret liquidity ratios and understand their significance.

Recognize the purpose and calculation method of the acid-test ratio.

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Definitions:

Business Communication

The sharing of information between people within an organization and with those outside it, conducted for the commercial benefit of the organization.

Memo

A written communication, usually brief and formal, used to convey information or instructions within an organization.

Gathering

The action of bringing together people or collecting things.

Structure

The arrangement or organization of components within a system, document, or composition, influencing function or perception.