One Effect of Planning on Managers Is That It Forces

question 61

Multiple Choice

One effect of planning on managers is that it forces them to ________.

• A)ignore any change that doesn't directly affect them
• B)work to prevent change
• C)anticipate and consider the effect of change
• D)fear change

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Definitions:

Managerial Efficiency

The effectiveness with which managers utilize resources and operate businesses to achieve desired outcomes and profitability.

Security Registration

The legal process through which securities are registered with relevant authorities before being offered to the public or placed on the market.

Best Efforts Basis

A best efforts basis is an agreement where an underwriter commits to sell as much of a new securities offering as possible, but not to buy any unsold securities.

Public Offering Price

The price at which new issues of stocks or bonds are offered to the public by an issuer for the first time.