Which of the Following Statements Is Correct

question 11

Multiple Choice

Which of the following statements is correct?

• A)Once a firm has defined its purpose, scope, and objectives, it must develop a strategy, or strategies, for achieving its goals. The statement of corporate strategies sets forth detailed plans rather than broad approaches.
• B)A firm's corporate purpose states the general philosophy of the business and provides managers with specific operational objectives.
• C)Operating plans provide detailed guidance, consistent with the corporate strategy, to help operating managers meet the corporate objectives. These operating plans can be developed for any time horizon, but many companies use a 5-year horizon.
• D)A firm's mission statement defines its lines of business and geographic area of operations.

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Definitions:

Amygdala

A part of the brain involved in emotion regulation, especially fear and pleasure responses.

Hypothalamus

A critical brain structure involved in controlling body temperature, hunger, thirst, fatigue, sleep, and circadian rhythms.

Radio Frequencies

The range of electromagnetic frequencies used in wireless communication, typically ranging from 3 kHz to 300 GHz.

Magnetic Field

A vector field that describes the magnetic influence on moving electric charges, electric currents, and magnetic materials.