___________ is the development of plans and decisions which will guide the direction of the firm and determine its long-term performance.

A. Vision
B. Planning
C. Strategy
D. Execution
E. Tactic

Ans: C. Strategy

Business

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What is a bond's seniority?

A) the bondholder's priority in claiming assets in the event of default B) clauses restricting a company from issuing new debt C) the yield to maturity of a bond as compared to bonds of comparable rating D) the issue price of the bond as compared to its face value

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Discuss the assumptions of the economic order quantity (EOQ) model and its objective

Business