How is business planning different in a large firm in comparison to business planning in a small company?
What will be an ideal response?
In a large firm, business planning is a more complex process that involves people from many different areas, such as marketing and human resources, and different levels, such as the CEO, directors, and managers. In a smaller firm, fewer people will be involved in business planning. In a very small business, the three levels of planning may be the responsibility of one person.
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With regard to insurance, risk can be defined as
A) uncertainty regarding financial gain B) certainty regarding loss C) certainty regarding financial gain D) uncertainty regarding loss"
Which of the following equipment maintenance alternatives is generally suited best for large organizations rather than medium-sized or small-sized organizations?
A. Service contract B. Call basis C. In-house D. Self-service