What represents the range of choice offered to the consumer within a particular classification of merchandise?

Some firms use the payback period as a decision criterion or as a supplement to sophisticated decision techniques, because ________

A) it explicitly considers the time value of money B) it can be viewed as a measure of risk exposure due to its focus on liquidity C) the determination of the required payback period is an objectively determined criteria D) it considers the timing of cash flows and therefore the time value of money

The top-management team is an important stakeholder group because of their ultimate role in

strategy implementation. Indicate whether the statement is true or false