In 2011, to Establish Itself in Canada, Target Corporation Bought

question 118

Multiple Choice

In 2011, to establish itself in Canada, Target Corporation bought the struggling Zellers Inc. from Hudson's Bay Company with plans to spend over $1 billion converting 100 to 150 Zellers stores to Target stores within two to three years. What type of plan would Target have needed for this type of move?

• A) short-range plan
• B) forecasting plan
• C) long-range plan
• D) contingency plan
• E) operational plan

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Definitions:

Equation

A mathematical statement that asserts the equality of two expressions, signified by the symbol =.

Center

In geometry, the midpoint or origin point of a shape or object, often relevant in circles, ellipses, and other symmetrical shapes.

Center

The point that is equally distant from all points on the circumference of a circle or sphere.

Radius

The length measured from a circle's midpoint to any location along its outer edge.