Identify the Incorrect Statement Pertaining to Multiproduct Firms

question 93

Multiple Choice

Identify the incorrect statement pertaining to multiproduct firms.

• A) They have a more difficult strategic planning job than firms with only a few products or product lines.
• B) They have to develop strategic plans for very different businesses.
• C) They have to balance plans and resources so the whole company reaches its objectives.
• D) They have to get needed resources without milking some businesses and eliminating others.
• E) They may form strategic business units, or use portfolio management.

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Definitions:

Sailing Lessons

Sailing lessons are instructional courses or sessions designed to teach individuals how to operate and navigate boats or ships powered by sails.

Normal Model

A statistical model that assumes data follows a normal distribution, characterized by a symmetric bell-shaped curve.

Bull's-Eye

The center of a target, often used metaphorically to indicate a perfect or precise achievement.

Independent

Not influenced or controlled by others, often used to describe variables in experiments that are manipulated to observe effects on dependent variables.