In general, commercial paper:
a. is rated by the various rating agencies.
b. has a maturity of 270 days or less.
c. sells at a premium to face value.
d. all of the above
e. a. and b. only
e
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Which of the following is true of strategic planning in a firm?
A) It deals with maintaining the company's current business ventures. B) It focuses on the firm's internal environment rather than the external environment. C) It occurs at the business-unit, product, and market levels rather than at the corporate level. D) It deals with adapting the firm to take advantage of changing marketing opportunities. E) It involves preparing short-term investment objectives at the product level.
Employees are part of a company's ________
A) external environment B) internal environment C) political environment D) macroenvironment E) competitive environment