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.
D
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Diversifying among stocks based in countries outside the United States
A) makes your portfolio less vulnerable to conditions in the United States. B) is too expensive to use as a means of diversification. C) makes your portfolio's returns less volatile because foreign stocks are less volatile than U.S. stocks. D) is too risky for individual investors to consider.
Which of the following is an objective of derived data?
A) Ease of use for decision support systems B) Faster response time for user queries C) Support data mining applications D) All of the above