The three levels of business planning are ________

A) managerial, operational, promotional
B) strategic, functional, operational
C) portfolio, strategic, functional
D) SWOT, strategic, tactical
E) operational, functional, tactical

B

Business

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Business risk refers to

A) the variability of a firm's stock price. B) the variability of a firm's expected earnings before interest and taxes. C) the risk associated with financing a firm with debt. D) the uncertainty associated with a firm's CAPM.

Business

Many financial managers believe the payback period is of limited usefulness because it ignores the

time value of money; hence, it is referred to as the discounted payback period. Indicate whether the statement is true or false

Business