The Business Planning Spectrum Shows

question 78

Multiple Choice

The business planning spectrum shows:

• A) the range or spectrum of activities that businesses engage in for which they must plan.
• B) how differently large and small companies plan.
• C) how the different kinds of plans vary from long- to short- range and from conceptual to detailed and numerical.
• D) b and c

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Definitions:

Analogy

A juxtaposition of two objects or ideas to shed light on or explain their relationship or distinct features.

Induction

A reasoning method that involves drawing general conclusions from a set of specific observations or instances.

Generalization

The process of formulating general concepts by abstracting common properties of instances.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.