High yield (junk) bond funds focus on relatively risky bonds issued by firms that are subject to

Databases of different scope are developed following different fundamental development steps

Indicate whether the statement is true or false

Strategic planning in a multidivisional corporation

A) should be informal to allow complete understanding by the many participants. B) should be instigated only from the main corporate office. C) should be accomplished quickly to decrease the likelihood of it becoming outdated. D) should encourage a clear delineation between top management and lower-level managers. E) should be a formalized and sophisticated system.