____ refers to actions taken by managers to adapt a company to changes in its market and sociopolitical environments.

Fill in the blank(s) with the appropriate word(s).

Answer: Strategic management

Business

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________ is a knowledge area that concerns contracts with outside vendors for services, materials, and outsourcing of functions

A) Communications management B) Quality management C) Project integration D) Procurement management

Business

Many of the auditor's audit procedures in the audit of cash center around the client's bank confirmations

Indicate whether the statement is true or false

Business