Which of the following is the first step of business portfolio planning?
A) shaping the future portfolio by developing strategies for growth and downsizing
B) determining which businesses should receive more, less, or no investment
C) identifying internal strengths and weaknesses
D) identifying future opportunities
E) determining short-term goals
B
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When matched with the firm's vision, mission, and strategy, what contributes to the firm's success?
What will be an ideal response?
Which of the following best defines the duty of care to which a member of a member-managed LLC (limited liability company) must adhere?
A) the duty of not engaging in a known violation of law B) the duty of not usurping an opportunity of the LLC C) the duty of not competing with the LLC's business D) the duty of not engaging in undisclosed self-dealing