Operating cash flow (OCF) is equal to a firm's net operating profits after taxes minus all non-cash charges

Trendz Inc is a leading brand of fashion clothing and accessories based in Houston. After gaining a strong foothold in the U.S., the company wants to foray into foreign markets

The management at Trends knows that people residing in other countries are likely to have different tastes and preferences, so they may have to redesign some of their offerings. Which of the following strategies is Trendz using? A) market-penetration strategy B) outsourcing strategy C) geographic-expansion strategy D) product differentiation strategy E) ethnocentric strategy

A ________ is a set of planned actions taken by managers to help a company meet its objectives

A) mission statement B) vision C) strategy D) core competency