Long-Range Planning as a Management Function Is More Important

question 94

Multiple Choice

Long-range planning as a management function is more important:

• A) at top management levels.
• B) at lower management levels.
• C) at middle management levels.
• D) for staff functions than line functions.

---

Definitions:

Alpha

In finance, a measure of performance on a risk-adjusted basis, calculating the excess return of an investment relative to the return of a benchmark index.

Regression Equation

An equation that describes the average relationship between a dependent variable and one or more explanatory variables.

Beta

A metric representing the instability or consistent risk involved in a security or portfolio relative to the entire market.

Adjustment Technique

A method or process applied to modify or correct data, parameters, or conditions for a specific purpose, such as statistical analysis or financial models.