Strategic plans provide the short-term implementation to accomplish strategic goals

Long-term investments are investments in bonds or stocks in which the company intends to hold the investment for longer than one year

Indicate whether the statement is true or false

Competitive pressures have caused service providers (who typically have a large variable portion of their total costs) to:

A. cut costs wherever possible. B. calculate the break-even point and determine the potential profit at different levels of sales. C. incur losses in the short run with the goal of raising prices later. D. establish service facilities in low cost countries. E. establish production facilities in low cost countries.