The asset turnover measure indicates how much effective resource management contributed to the firm's ROE

A static budget is a financial plan for only one level of sales volume

Indicate whether the statement is true or false

Why can't small and medium-size business owners, seem to take the time to plan strategically?

A. act as the marketing, human resource, operations, and financial managers, all rolled into one B. focused on fighting fires or fixing problems C. focused on short-term planning efforts, generally geared towards current year initiatives D. lack access to the expertise and/or resources needed to undertake a strategy review E. all of the above