Companies in the 1980s became skeptical of the value of strategic planning because inaccurate forecasts led to poor strategic decisions
Indicate whether the statement is true or false
TRUE
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Which of the following is NOT a category of new service innovation?
a. Supplementary service innovations b. Product line extensions c. Major product innovations d. Process line extensions e. Self-sustaining innovations
Covered interest arbitrage moves the market ________ equilibrium because ________
A) toward; purchasing a currency on the spot market and selling in the forward market narrows the differential between the two B) toward; investors are now more willing to invest in risky securities C) away from; purchasing a currency on the spot market and selling in the forward market increases the differential between the two D) away from; demand for the stronger currency forces up interest rates on the weaker security