A woman appointed by a court to settle the affairs of an intestate is an administratrix.

Defensive strategic market plans are strategies that ________

A) have a 3- to 5-year time horizon B) require investment in order to produce sales growth C) are not particularly effective at growing sales revenue D) limit short-run profit performance E) improve the long-run share position

Which of the following statements is true about the indicative planning method?

A) Subsidiaries are in no way bound by the guidance provided by the headquarters. B) The potential of a target market is estimated completely by an organization's headquarters. C) An organization's headquarters does the planning and budgeting for the subsidiaries. D) Planning is done only using the global data and not market specific information.