A Company's Perceptions Regarding the Marketplace Needs and the Ways

question 94

Multiple Choice

A company's perceptions regarding the marketplace needs and the ways a firm can satisfy them is known as a(n) ______.

• A) financial plan
• B) vision
• C) strategic plan
• D) contingency plan

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Definitions:

Lease

A contractual agreement where one party (the lessee) is granted the right to use property owned by another party (the lessor) for a specified period in exchange for periodic payments.

Exist Physically

To have a presence or form that can be touched, seen, or felt in the material world.

Minerals

Naturally occurring inorganic substances with a definite chemical composition and, usually, a distinct crystalline form.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.