When asked to provide an estimate of an irrigation system, Pete looked from one end of the field to the other, licked a finger and held it in the air, squinted into the sun and said $25,000, give or take 30%

The technique employed for cost estimation is:
A) Parametric.
B) Comparative.
C) Definitive.
D) Ballpark.

D

Business

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Which of the following is essential in organizing corporate social responsibility as a means to attain competitive advantage?

A) translating existing business strategies and methods into policies on ethical and social issues B) communicating corporate policies on environmental impact and human rights on a need-to-know basis C) adopting only a top-down approach for strategic planning and development D) integrating social, economic, and technological issues into all dimensions of a business

Business

The only purpose of a strategic plan is to guide employees' daily activities

Indicate whether the statement is true or false

Business