To become a strategy-focused organization:

A) monthly management meetings should focus on variances between actual performance and what was planned.
B) the budgeting process must protect long-term initiatives from the pressures to deliver short-term performance.
C) scorecards and priorities should be updated annually when preparing next year's budget.
D) All of the above are correct.

B

Business

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When a company buys back its own common stock it is engaging in a

A) stock split. B) stock reissue. C) stock repurchase. D) stock repo. E) none of the above.

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