Econ 252 - Study guides, Class notes & Summaries

ECON 102 CHAPTER 6 PLANNING, STRATEGY, AND COMPETITIVE ADVANTAGES32. The set of decisions that managers make to assist the organization to achieve its goals is known as: A) strategy. B) scenario planning. C) SWOT analysis. D) diversification. E) related diversification. Answer: A Page: 251 Difficulty: Easy Learning Objective: 1 33. A broad statement of the organization's purpose, products, and customer base that differentiate the organization from its competitors is known as: A) a funct...

Econ 121 Final Exam Review ● Chapter 1 Quick Check: 1. Accounting is the information system that… 2. Which of the following is not an external user of a business’s financial system? 3. Generally Accepted Accounting Principles (GAAP) are currently formulated by the… 4. Which type of business organization is owned by only one owner? 5. Which of the following characteristics best describes a corporation? 6. Which of the following requires accounting information to be complete, ne...

ECON 102 CHAPTER 6 PLANNING, STRATEGY, AND COMPETITIVE ADVANTAGESECON 102 CHAPTER 6 PLANNING, STRATEGY, AND COMPETITIVE ADVANTAGES Multiple Choice Questions(ch6) 32. The set of decisions that managers make to assist the organization to achieve its goals is known as: A) strategy. B) scenario planning. C) SWOT analysis. D) diversification. E) related diversification. Answer: A Page: 251 Difficulty: Easy Learning Objective: 1 33. A broad statement of the organization's purpose, products, ...