The quadrupling of world exports between 1990 and 2007 demonstrates that _______________.
A. businesspeople must be prepared to meet increased competition
B. domestic business cannot compete with cheap imports
C. the opportunity to increase sales by exporting is a viable growth strategy
D. A, B, and C
E. A and C
Ans: E. A and C
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Indicate whether the statement is true or false
Due to the limitations of the BCG and other formal portfolio planning models, many companies are placing responsibility for strategic planning in the hands of cross-functional teams of divisional managers who are close to their markets
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