A class of mergers between firms of similar size and influence are referred to as ________

All of the following are reasons for the importance of forecasting and budgeting, EXCEPT:

A. requires the organization to think about what is happening in the markets B. sets specific strategic objectives for the various divisions and departments within the organization C. sets specific operational parameters for the various divisions and departments within the organization D. requires managers to make decisions related to resource allocation, when measured against specific outcomes E. become benchmarks/targets against which actual results can be measured

After a couple of years of successful business, an experimental theatre company based in Aurora is unable to sell tickets for its theatre shows. They have been using profits from previous shows to run the business

The company is in the ________ phase of its life cycle. A) maturity B) obsolescence C) introduction D) growth E) decline